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The following table contains information on all the manufacturers of single person spaceships currently on the market. Company Price Spaced Out $2,400,000 Rockets R Us

The following table contains information on all the manufacturers of single person spaceships currently on the market. Company Price Spaced Out $2,400,000 Rockets R Us $2,950,000 Ford Aerospace $4,800,000 Cosmo Crafts $5,000,000 Market Share 30% 50% 10% 10% Numeric Distribution 30% 60% 60% 20% 1. What is Ford's price premium, assuming only Spaced Out as a benchmark? 2. What is Ford's price premium, comparing their price to a weighted average price paid? 3. What is Ford's price premium, comparing their price to the average price charged? 4. What is Ford's price premium, comparing their price to the average price displayed

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