Unit 5 Discussion Post

Unit 5 Discussion Post - local prom and pageant dress...

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Professor Sjuib: As the producer/shop owner, you have the item marked at $150. As the consumer, you have already prepared yourself to pay up to $200. Although the tailor is prepared to sell the dress for $100, it is in the best interest of your company to sell the item as marked. This allows you to have a surplus on this product. A product that I recently purchased would actually be a prom dress for my daughter. The producer is a
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Unformatted text preview: local prom and pageant dress supplier. The dress that we found was priced at $450.00. I was prepared to pay $400. The producer agreed to take $50.00 oF the price. Not only did this appease me, it also encouraged me to return to this loca±on to purchase future dresses. This was of course a²er going to several stores and pricing diFerent dresses. This was the best price that I found as a consumer. Thank you Jill Willis...
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