Ask Question
18 September, 22:37

You have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. A potential investor says she thinks you can get a 30% premium with your new facility. Did she just criticize or endorse your pricing?

+2
Answers (1)
  1. 18 September, 22:42
    0
    The investor criticized our pricing.

    Explanation:

    In this case our competitor charges $155 for a party, and the investor said that due to our new facilities, we could be able to charge 30% more than our competition = $155 x 130% = $201.50

    So she is criticizing our pricing plan because it is too low, and instead of charging $185, we should charge $201.50. She believes that our pricing plan is making us lose money.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. A potential investor says she thinks ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers