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What is meant by the term 'market competition'?
That means that others are putting pressure to keep the prices down. If two or more companies manufacture or sell similar products, both are motivated to keep the price down so that they can compete.
What are advantages of competition?
Competition stimulate innovation. It also forces the prices of products to go down over time. With competition, consumers can pay reasonable rates for products.
What is the average price for a abercrombie shirt?
Usually $24.50-$29.50 for knit tops. $15.90 for t-shirts. $39.50 for jeans. $59.50 for sweatshirts. and $99.50-$128.00 for winter coats (outerwear.) however, you can get many things on clearance, and the clearance prices start at $19.90 and can go down to as low as $6.90! i once got a pair of shorts there for that price. this is for abercrombie KIDS however, and not A&F. sorry.
What are the types of sales promotion?
Coupon Prize Promotion Bundling Price Down Free Sample Premium Bonus packs
What is mean by intake margin in retail business?
Intake margin is the margin on the original selling price before all discounts or promotions are given. So for example, the original sales value of an item could be 100 on a cost price of 50. This gives us an intake margin of 50%.However the retail business marks down price by around 20% on the original selling price giving us a final realised margin of 37.50 (On the new sales value).
How will the economy decide who gets the goods?
Usually, the price system does this rationing in a market economy.People who are willing to pay more plunk down their money and they get the scarce goods. People who aren't willing to pay the market price don't get the goods.
When there is a scacity in availability of raw material what happens to the consumer price?
The price goes up on materials that become scarce. Some, like gas, go up and down in response to price futures, political or economic policy. The gas can be stored at a low price but you will pay the price determined by the prevailing price at present.
What are the main determinats of price elasticity?
Well as demand increases the price will usually go up. As supply increases the price will usually go down. On the other hand if demand decreases the price will usually go down. If supply decreases the price will usually go up.
What happens to the price when there is an excess supply of products?
The price goes down because of supply and demand.
Why is the sticker price of a car higher than the selling price?
bargaining usually brings the price down....
What is a demand driven?
Usually the prices of goods and services are demand driven. When the demand for an item is high its price usually goes up and similarly when the price of an item is low its price usually goes down.
What stores carry Down Throw products?
Down Throw products can be purchased at Amazon, Bestbuy and Ultraplush. There are many other stores that have these products in stock and it may be a good idea to check ebay for a bargain price before splashing out anywhere else.
How does products supply impact its price?
When supply increases and demand decreases, the price goes down. When supply goes up and demand stays the same, price also goes down. When demand goes up and supply either stays the same or decreases, then the price goes up
What is down alternative?
It is a man made fiber; cheaper in price then real down. However, this will not keep you as warm as down and it does not usually wash up as well.
What is right Marked down price or mark down price?
marked down price marked down price
How many copies of a game have to sell before it drops in price?
That's an individual decision by the maker.They usually drop the price when sales begin to slow down.
Can the price of gold grow?
Yes, usually, when gold goes up, the dollar goes down and vice-versa.
