1. Beginning on page 448, thirteen pricing tactics are discussed (odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation. 2. The text states "Entrepreneurs overestimate the power of price cuts" (Scarborough and Cornwall, Entrepreneurship and Small Business Management, Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair, how many shoes must the retailer sell to still achieve the same gross margin of $3000 per 1. Beginning on page 448, thirteen pricing tactics are discussed odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation 2. The text states Entrepreneurs overestimate the power of price cuts (Scarborough and Cornwall Entrepreneurship and Small Business Management Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair how many shoes must the retailer sell to still achieve the same gross margin of $3000 per week. What increase is this over the current 200 pairs sold per week? 3. Use the following example: A retailer accepts a $50 credit card purchase a $50 transaction. The bank issuing the card charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a 30.10 flat transaction fee How much of the $50 purchase wil the retailer keep? 4. Using the of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer 514 and the retailer plans to set it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per month a variable cost of $200 per unit, how wanita 1. Beginning on page 448, thirteen pricing tactics are discussed (odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation. 2. The text states "Entrepreneurs overestimate the power of price cuts" (Scarborough and Cornwall, Entrepreneurship and Small Business Management, Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair, how many shoes must the retailer sell to still achieve the same gross margin of $3000 per achieve the same gross margin of $3000 per week. What % increase is this over the current 200 pairs sold per week? 3. Use the following example: A retailer accepts a $50 credit card purchase (a $50 transaction). The bank issuing the card charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per month a variable cost of $200 per unit, how many units must the manufacturer sell per month to break even? 1. Beginning on page 448, thirteen pricing tactics are discussed (odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation. 2. The text states "Entrepreneurs overestimate the power of price cuts" (Scarborough and Cornwall, Entrepreneurship and Small Business Management, Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair, how many shoes must the retailer sell to still achieve the same gross margin of $3000 per 1. Beginning on page 448, thirteen pricing tactics are discussed odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation 2. The text states Entrepreneurs overestimate the power of price cuts (Scarborough and Cornwall Entrepreneurship and Small Business Management Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair how many shoes must the retailer sell to still achieve the same gross margin of $3000 per week. What increase is this over the current 200 pairs sold per week? 3. Use the following example: A retailer accepts a $50 credit card purchase a $50 transaction. The bank issuing the card charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a 30.10 flat transaction fee How much of the $50 purchase wil the retailer keep? 4. Using the of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer 514 and the retailer plans to set it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per month a variable cost of $200 per unit, how wanita 1. Beginning on page 448, thirteen pricing tactics are discussed (odd pricing, freemium pricing, price lining, etc.). Choose three tactics. Describe each tactic and provide an example. Put your answers into one well developed paragraph. Per the homework rubric, include a text citation. 2. The text states "Entrepreneurs overestimate the power of price cuts" (Scarborough and Cornwall, Entrepreneurship and Small Business Management, Chapter 11, page 439). A single store shoe retailer typically sells 200 pairs of shoes per week at an average price of $25 per pair. The average cost is $10 per pair, so the retailer earns a gross margin of $3000 per week. If the retailer drop the average price by 10%, to $22.50 per pair, how many shoes must the retailer sell to still achieve the same gross margin of $3000 per achieve the same gross margin of $3000 per week. What % increase is this over the current 200 pairs sold per week? 3. Use the following example: A retailer accepts a $50 credit card purchase (a $50 transaction). The bank issuing the card charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per charges a 1.75% of transaction interchange fee plus a flat transaction fee of $0.10. The credit card company charges a 0.13% of transaction fee. The retailer's bank receives a processing fee of 0.25% of transaction plus a $0.10 flat transaction fee. How much of the $50 purchase will the retailer keep? 4. Using the % of selling price method described on page 455, if a shirt costs a retailer $14 and the retailer plans to sell it for $35, what is the % of retail price markup? 5. If a manufacturer sells units for $300 each and has a fixed cost of $20,000 per month a variable cost of $200 per unit, how many units must the manufacturer sell per month to break even