Subject: pricing strategies The Flower glance shop decided to implement new strategy to increase their flower business, and to ensure their quality and services. These strategies associated with the increase of variable cost from P10.50 to P15.50 and price will rise the price from P25.75 to P30.50. If the base sales level for the restaurant is 600 entrées per week, then the breakeven level of entrée sales that the managers should be considering can be calculated from the GBE formula will be?

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.