Question: Java Alive, a small boutique coffee shop, has asked your advice in setting pricing policies. Java has information about prices and sales over the last

Java Alive, a small boutique coffee shop, has asked your advice in setting pricing policies. Java has information about prices and sales over the last 4 years.

REQUIRED

A. Explain how you would use the prices and sales information to suggest a possible pricing strategy.

B. What other information would you gather before you complete your recommendation? List as many types of information as you can.

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