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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

Which ones usually will result in firm having lower prices?

Summary Introduction

To determine: The aspect which commonly will result in a firm having lower prices.

Introduction: Price frames a vital constituent of the showcasing blend and is for the most part administered by the organizations pricing objectives, which is intelligent of the marketing, money related, product and vital objectives, alongside the consumer price desires, the current stock, the manufacturing facility and the related price elasticity.

Explanation

The aspects which commonly will result in a firm having lower prices are as follows:

A firm may need to price its items to in order to survive in the market, either as an organization or as a competitor in a specific market...

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