markup on each box of 6 cookies? B. Selling Yubari King Melons using Demand-Based Pricing You recently traveled to Japan and were able to taste the Japanese Yubari King Melon, one of the many fruit delicacies grown in Japan. These melons are priced at a premium because of their incredible taste and aroma. Depending on the crop and the melon, a single melon can sell for a price of $100-$22,000 USD. You want to bring the taste sensation of the Yubari King Melon to the United States. You have conducted some basic market research and determined that there is strong demand for the Yubari King Melon in the Bay Area. You decide to apply the demand-based pricing method in order to calculate the price of your product and are targeting Saratoga as your first point of entry. Here are some basic facts: . You want to sell Yubari King melons to the general public in Saratoga . The product consists of a single melon protected by a specially designed package intended to protect the precious fruit. . From market research, you know that Saratoga residents are willing to pay $300 for a single melon in the special packaging. . You can buy the special packaging at the cost of 40 packages for $400 Question 1. Ignoring other costs, and assuming you want a markup of 150%, how much will you be willing to pay for a single Yubari King melon? Search entries or author Unread