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Ready Tires features more than a dozen brands of tires in many sizes. Two of the brands are RoadPlus and RoadPower. Information about the two

Ready Tires features more than a dozen brands of tires in many sizes. Two of the brands are RoadPlus and RoadPower. Information about the two brands follows:

RoadPlus RoadPower
Selling Price
Tire, installed $180 $170
Cost per tire 120 80

As shown, selling prices include installation costs. Each tire costs $20 to install.

1. Compute each brand's net unit selling price after installation

2. Was cost the main consideration in setting those prices

3. What other factors could have influenced those prices?

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