Based on your selections, costs, and competition from other lemonade stands, how will you determine your prices?

Question description

Imagine you are starting your own lemonade stand. However, this is no ordinary lemonade stand. You offer a wide variety of lemonade, including traditional, pink, red raspberry, and frozen lemonade. In all, you have 10 different flavors and types for your customers to choose from. Based on your selections, costs, and competition from other lemonade stands, how will you determine your prices? Write a 1–2 paragraph response describing how your prices are determined. Be creative and detailed with your response.

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