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Half of all your potential customers would pay $16 for your product but the other half would only pay $10. You cannot tell them apart. Your marginal costs are $4. If you set the price at $16, the expected
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Half of all your potential customers would pay $16 for your product but the other half would only pay $10. You cannot tell them apart. Your marginal costs are $4. If you set the price at $16, the expected profit is:

User Mjsarfatti
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Answer:

$4

Step-by-step explanation:

User Metro Smurf
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