Product: Little Caesars (regular pepperoni pizza) Answer the following questions in relation to the chosen product. a) What is the real need for this product/service? b) What is its approximate price? c) What do you consider to be the appropriate income level of the target population for this product/service?

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter12: Creating And Pricing Products That Satisfy Customers
Section12.6C: Buyers’ Perceptions Of Price
Problem 2CC
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Product: Little Caesars (regular pepperoni pizza)

Answer the following questions in relation to the chosen product.

a) What is the real need for this product/service?

b) What is its approximate price?

c) What do you consider to be the appropriate income level of the target population for this product/service?

 

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