Tavis Robotics Corporation has developed a new robot-model F1-73-that has been designed to outperform a...
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Tavis Robotics Corporation has developed a new robot-model F1-73-that has been designed to outperform a competitor's best-selling obot. The competitor's product has a useful life of 10,000 hours of service, has operating costs that average $5.00 per hour. and sells for $117,000. In contrast, model Fl73 has a useful life of 30,000 hours of service and its operating cost is $3.00 per hour. Tavis has not yet established a selling price for model Fl-73 Erom a value based pricing standpoint what is F1.73's economic value to the customer over its 30,000 hour useful life? Mulriple Choice $211000 $294,000 Muitiple Choice $211.000 $294.000 $171000 $411,000
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