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Describe the first in, first out, last in, first out and average 4.7 cost methods of stores pricing.
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- Is subscription pricing likely to be as popular withcust- omers as it is becoming with many product suppliers?Why or why not?Discuss pricing methods for selected 5 brands and justify your selection of methodRetailers typically use two basic pricing strategies. Explain the advantages of the two pricing strategies and provide examples for each type. When setting prices, what are some important factors that retailers must consider?
- The cost to produce the shake is relatively low, with total manufacturing costs running about $0.05 per ounce. Each shake is eight ounces. What pricing strategy do you recommend for this product?Please assist Based on a retail store that sells clothing for the age between 8 and 40 years . Identify your predominant price strategy, apart from odd pricing, that youintend to use. Justify your choice. Explain how you intend to limit the number of mark-down.Being at the premium end is category upon itself. Describe the indicator of premiumness or high quality and high price that can apply to most types of products