Given that the firm only chooses to sell the high-end professional series, how should it price its ...

Given that the firm only chooses to sell the high-end professional series, how should it price its product?
 a. Price low, sell to both users
 b. Price high, sell only to the professional chefs
 c. Price low, sell only to the professional chefs
 d. Price high, sell only to the home users

QUESTION 2

The break-even quantity is
 a. Fixed Costs/Price
 b. Fixed Costs/Marginal Cost
 c. Fixed Costs/(Price  Marginal Costs)
  d. Contribution Margin/Fixed Costs

QUESTION 3

Given that the firm only chooses to sell the no-name brand, how should it price its product?
 a. Price low, sell to both users
 b. Price high, sell only to the professional chefs
 c. Price low, sell only to the professional chefs
 d. Price high, sell only to the home users

QUESTION 4

The break-even quantity is
 a. 10000
 b. 5,555
 c. 12,500
  d. 5,000

QUESTION 5

Given that the firm offers both the products, what prices can it offer to motivate the two groups to profitably self-sort into buying the correct brand
 a. No-name 60; High-end 100
  b. No-name 50; High-end 100
  c. No-name 50; High-end 90
  d. No-name 60; High-end 90

QUESTION 6

What is the firm's contribution margin?
 a. 1800
  b. 800
 c. 1000
  d. 300

QUESTION 7

Given that the firm decides to only offer the high-end wok, what is the highest price it can charge the chefs?
 a. 70
 b. 80
 c. 90
 d. 100

QUESTION 8

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