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The manufacturer decides wholesale price and may establish a "suggested" retail price.
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∙ 15y ago
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What Monopolist can decide?
they decide price and quantity.
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
Who decide the first time dollar price for rupee and what is the parameter to decide it?
i also want the same............
Who decides what price is fixed in a supermarket?
Ultimately, the purchaser determines the price of a product. A manufacturer will determine a wholesale price and possibly a suggested retail price. Retailers will decide if they think they can sell the product at a satisfactory level above the wholesale cost. However, if a product goes on the shelf at $10 and no one buys it, the retailer will mark it down until it sells. So the only price that matters is the one that someone is willing to pay.
What is an example of a price support?
A price support is a type of
What Monopolist can decide?
they decide price and quantity.
What would a cheap price for an average sized headboard be?
The price depends on where you live and what type of quality you are looking for. But i would say between 50-200 dollars for a decent headbord you have to decide what type you want.
Is fisher price a manufacturer?
yes
What is the suggested retail price?
A manufacturer gives a suggested price for his product. Stores are free to set their own prices, but when dealing with a manufacturer the suggested retail price is what they go by.
Monroney Sticker Price of a vehicle?
the base price and the manufacturer's price installed options.....
When you decide to buy a Printer Make a list of Factors that are needed to be considered?
price range, type of printers, volume, space
What does mfsrp mean on a price tag or before a price?
It stands for Manufacturer's suggested retail price.
When do stores set the prices of the newest Simpsons DVD season sets?
Stores don't set prices of DVD sets. The manufacturer does, hence the term "Manufactures Suggested Retail Price". Stores can either go with that price or decide to take a percentage off.
What is mrp in purchasing?
Manufacturer's Recommended Price.
Who sets retail prices?
Retailers are given a price from the manufacturer for what they believe their product should be sold for. This is known as the manufacturer's suggested retail price. The individual stores, however, can price the product as they see fit.
What does MSRP stands for?
Manufacturer's suggested retail price
What is does msrp mean?
Manufacturer's Suggested Retail Price
