Suppose the Benchmark Competitive Product Has a Price of $300,costs

Multiple Choice

Suppose the benchmark competitive product has a price of $300,costs $200 to install,and averages $500 in usage and maintenance costs.Your product is priced at $400,costs $100 to install,and averages $400 in usage and maintenance costs.In this situation,the economic value of your product over the benchmark competitive product is ________.

A) -$200
B) -$100
C) $0
D) $100
E) $200