question 10 of 10: you have laid out your pricing plan at $185 for a bounce party for 8 kids; your…

question 10 of 10: you have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. a potential investor says she thinks you can get a 30% premium with your new facility. does she think you should be priced higher or lower than your plan?\na) lower\nb) higher

question 10 of 10: you have laid out your pricing plan at $185 for a bounce party for 8 kids; your competitor is at $155. a potential investor says she thinks you can get a 30% premium with your new facility. does she think you should be priced higher or lower than your plan?\na) lower\nb) higher

Answer

Explanation:

Step1: Understand the meaning of premium

A 30% premium means increasing the price.

Step2: Analyze the situation

The investor thinks a 30% premium can be obtained, so the price should be higher.

Answer:

b) Higher