Final Project: Price


"The amount of money charged for a product or service." "More broadly, price is the sum of all the values that customers give up in order to gain the benefits of having or using a product or service." "Historically, price has been the major factor affecting buyer choice." " In recent decades, nonprice factors have gained increasing importance." "However, price still remains one of the most important elements determining a firm’s market share and profitability." The price of my product will be $9 to $12. Sweet potatoes are $0.50 -$1.55 per pound. For the pork I will have to make my own pork juice from scratch. So I will have to buy pork is $8.25 a pound. from the book page 275