What retail prices must you set for the two brands at store

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Reference no: EM133620991

Assignment:

Suppose you are the store manager at the Clayton Schnucks store. If Skippy and Peter Pan are selling their brands to your store at wholesale prices of $0.54 and $0.58, respectively, what retail prices must you set for the two brands at your store? What would be your resulting retail profits in the peanut butter category? Which brand accounts for the greater share of this retail profit? (Hint: assume that your objective is to maximize your retail profit from the peanut butter category.)

Reference no: EM133620991

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