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Section 2: Kodak Fun-time (12 points). (Explain your answers with formula first then show calculations. If needed, print and do the calculation with hand) 1.

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Section 2: Kodak Fun-time (12 points). (Explain your answers with formula first then show calculations. If needed, print and do the calculation with hand) 1. Kodak sells Gold Plus through retailers. The retail price for Kodak Gold Plus is $3.49 and Kodak's per unit revenue is $2.79. Calculate the retailer's margin and markup as a percentage. (a) Retail margin % age (0.5 point) (b) On average, the price brands were sold at a price that is 30% lower than Kodak Gold Plus. Calculate the selling price of "price brands in dollars.(1 point)

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