Can you give me the answer for 1,2,3 please ?

CASE STUDY Alden Manufacturing produces small kitchen appliances-blenders, hand mixers, and electric skillets-under the brand name First Generation. Alden attempts to target newlyweds and first-time home buyers with this brand. Considering that most young households have limited financial resources, Alden attempts to engage in target costing. "In doing this," says Milt Alden, the co-founder of Alden Electronics, "we have better control over keeping price right in line with customers." Alden manufactures a three-speed blender, its top seller, along with a five-speed blender. The hand mixers are manufactured in two variants-a small handheld mixer with two rotating beaters and another that comes with an optional stand and an attached mixing bowl. Alden's temperature-controlled skillets are manufactured in a single style with three color options. "Our product offerings are narrower," Milt Alden added, "but our line workers know each product like the back of their hands. This allows us to produce superior products while holding our prices low. Questions: Read the case acrefully and answer the following questions.Each question carries 2 marks. 1. Milt Alden says that his line workers "know each product like the back of their hands," and that this knowledge helps the company keep its costs low. Why do you think it is important for Alden manufacturing to keep the costs low. 2. According to the information provided in the case, Alden manufacturing uses which pricing strategy? 3. In your opinion is Alden manufacturing using the right pricing strategy? Justify your answer by giving at least 2 reasons. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)