Question: Can you help me answer this question for a Ford F150 truck? Part 1: Pricing Strategy Using the same company/organization that was chosen for your

Can you help me answer this question for a Ford F150 truck?

Part 1: Pricing Strategy

Using the same company/organization that was chosen for your Marketing Plan progressive Assignments......Briefly describe pricing for your product or service. How does this compare to competitors, assuming competitors are at or near break-even point with their pricing? Analyze pricing alternatives and make recommendations about pricing going forward based on the following:

How sensitive are your customers to changes in price?
What revenue do you need to break even and achieve profitability?
What does the price say about your product in terms of value, quality, prestige, etc.?

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