rewrite and elaborate 2. Location-Based Pricing Since Palladium Auto Parts is proposed to operate in a different location from ABC Company, the owner should factor in the impact of this new location on pricing. Operating in an industrial area may have different cost implications compared to ABC's high-traffic location. The owner should analyze the cost structure associated with the new location, considering factors such as rent, utilities, and transportation. This analysis will help in determining an appropriate pricing strategy that aligns with the cost structure of the industrial area, ensuring profitability while remaining competitive