A manager has determined that a potential new product can be sold at a price of $35.00 per package of four units. The cost to produce each unit is $5.00, but the equipment necessary for production must be leased for $50,000. It is forecasted that 14,000 units can be sold. Create a spreadsheet formatted like the video example in class to determine the break-even point and profit/loss

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.