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Imagine You're Planning an After-Symphony Fund-Raising Party,and You Need a Life-Size

Question 31

Multiple Choice

Imagine you're planning an after-symphony fund-raising party,and you need a life-size grand piano cake.Or you are a developer proposing a new shopping centre to a group of investors,and you want to serve a cake shaped like an architectural rendition of the centre.Is this impossible? No,you just need to contact Cecilia Villaveces Cakes.She actually built a life-size grand piano cake for a gala in Toronto.You can expect to pay anywhere from $75 to $10,000 for one of Cecilia's creations,depending on complexity of design and size.She uses only the best ingredients,and no two cakes are ever quite alike.
-Refer to Specialty Cakes.Although many factors determine the prices charged by Cecilia Villaveces Cakes,what are the two primary determinants?


A) stage of the product life cycle and costs to the consumers
B) the demand for the good and cost to the seller
C) demand by the consumer and perceived quality
D) costs of manufacturing and distribution costs

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