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Unformatted text preview: our potential customers said they were not willing to spend above $30 (see). With value-based pricing we can focus on creating value in our product and service to our customers so that we can raise the 24.24% who would only pay $30. Charging any less is a miss opportunity for the Operating Expenses Month Annual Nominal Rent $1,400.00 $16,800.00 Heating, Water, Electricity $150.00 $1,800.00 Salary $110,000.00 Payroll (9.5 hr) $8,333.33 $100,000.00 Inventory Fees $3,000.00 $36,000.0000 Initial Store Setup $5,000 Total Costs $269,600.00...
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This note was uploaded on 10/09/2009 for the course H ADM 243 taught by Professor Rkwortnik during the Spring '06 term at Cornell University (Engineering School).
- Spring '06