The break-even quantity is a. 1250 b. 625 c. 416.67 d. ...

[abern]

The break-even quantity is
 a. 1250
 b. 625
 c. 416.67
  d. 500

Question 2

Given that the firm offers both the products would the chefs ever pay the full 100 for the high-end wok
 a. Yes, because they value it at 100
 b. No, because they value it at 70
 c. No, because they can get a positive consumer surplus buying the no-name brand
  d. All of the above

[tdewitt]

Answer to Question 1

a

Answer to Question 2

c

[abern]

Thanks for the timely response, appreciate it

[isabelt_18]

Great answer, keep it coming