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What else can I help you with?
Before government approves a merger what must the companies prove the merger would do?
lower costs and consumer prices or lead to a better product
What usually happens to prices when there is a demand for a product?
The price is raised.
How does marketing help lower prices of products?
Either by Sales Promotion Or The Usage Of The Product.
Where can you get a chep iPod?
Try looking on amazon, they usually have lower prices.
What can offset consumer surplus generated by lower prices?
Consumer surplus generated by lower prices can be offset by demand of product. The above answer overlooks the obvious answer, which is that the increase in the price of a product(s ) will decrease consumer surplus. This assumes of course that there is no shift in demand.
Why do people buy more of something at lower prices and less at higher prices?
the law of demand. an inverse relationship between the quantity demanded and the price of the product (the lower the price the higher the quantity demanded).
Why is it that more is demanded at lower prices?
More is demanded at lower prices due to the law of demand, which states that as the price of a good or service decreases, consumers are more willing and able to purchase it. Lower prices increase the purchasing power of consumers, making it easier for them to buy more. Additionally, lower prices can attract new buyers who may not have considered the product at higher prices, further increasing overall demand.
How does marketing help to lower prices?
Either by Sales Promotion Or The Usage Of The Product, Hope This Helped Your Problem Solving:)
Why do prices on the same product vary between stores?
Usually what happens in stores is that the store owners buy the goods and then sell them. So now they may sell these goods at a higher price for a profit or a lower price for a loss. The prices are regulated in case of authorised/ exclusive showrooms by the manufacturer.
What is a quantity-pricing strategy?
A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
How do you set prices for food?
some stores will find all other prices for a product, find the middle cost, and make that cost either a little higher or a little lower.
What is the relationship between GDP and bond prices?
Gross Domestic Product (GDP), which is the statistic used to measure the economy. Bond Prices are usually expressed at a percent of face and are usually quoted in 30 seconds.
