The similarities between consumer buying and organizational customer buying is that both have the need to purchase. The difference lie in the quantity of purchases. Consumer buying entails retail, while organizational customer buying entails wholesale.
major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low major strategies used for pricing imitative and new products depends on two factors i.e. price and quantity The strategies are: Premium Strategy= when price charged is high and Quantity supplied is also high Good Value Strategy= when price is low and quantity is high Overcharging strategy= when price is high and quantity is low eg: Maruti Versa Economy strategy= When both price and quantity are low
retailers buy gooods in smaller quantity while wholesalers buy larger quantity
item actual cost estimated cost unit quantity description
The market clearing model is a model where prices adjust to equilibrating demand and supply meaning the quantity supply equals the quantity demanded. These models are useful for studying situations where prices are flexible.
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
There is no limitation on quantities. You can purchase a single stamp at the post office.
A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
supply
The demand or quantity demanded is the amount that consumers will purchase or consume at a specific price.
Demand is a function that defines how much of a certain good are the consumers willing to purchase at a given price.Quantity of demand is the quantity of a certain good the consumers are willing to purchase at a given price, as defined by the function of demand.
When a company produces a large quantity of a product but not many people purchase the product the supply is high, demand is low, and the product is priced low.
15.75
demand
Demand
15.75
quantity, alternatives and price.