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Chris has decided to open a high-end clothing store in downtown St. Catharine's selling only higher end suits to a fashion forward customer.Discuss what will

Chris has decided to open a high-end clothing store in downtown St. Catharine's selling only higher end suits to a fashion forward customer.Discuss what will be his considerations when determining his price level, be specific and provide examples of what information he should seek (4 Marks) What pricing strategy would make the most sense for Chris, EDLP or High low, justify your answer (2 marks) What specific promotional pricing strategies might make sense for Chris, provide examples of how he might use thesestrategies(4Marks)

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