I would like to open up my own lemonade stand so that I can make money.
I got a 10 dollar loan from my mom so that I can invest into my lemonade stand. I used the money and now will see how many customers I get.
I have been getting a lot of consumers for a while now. This means this is time to test out my market by seeing how much my customers are willing to pay for my lemonade.
.50 cents
I would pay 1.00 for my lemonade.
As a producer I feel that I have my price at a decent rate. My sales dropped by very little. My consumers are still appearing.
1.00 lemonade
1.00 lemonade
Hi neighbor we noticed that a lemonade business is a great idea so we decided to build our own. We want to make a profit so we decided to make our lemonade 1.oo to make consumers happy.
I saw that I have competition in my neighborhood. I lowered my price so that my consumers come back and I can make more profit. I tested the market and believe .75 cents is a good price point.