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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.
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∙ 13y ago
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is it less expensive to buy a boost phone online?
All retail stores and online shops have different prices. To find the best price look at what prices are available online, and then see what prices your local retail shop are offering for the same product.
Are the prices in Ontarios Walmart stores the same as the US stores?
Yes, because it is the same company in both places.
Why does competition among buyers result in higher prices for product?
Buyers compete for the same product by raising what they are willing to pay.
What does it mean when stores drop prices on items then raise prices on other items?
It means they keep making the same overall profit.
What is most likely to happen to the prices of a product if demand and supply increase at the same rate?
prices stay stable. studddy islannd ! :)
There are three walmart stores in and around Hattiesburg MS so why are prices on the same items higher at certain stores although they are just a few miles apart?
Prices are higher wherever food stamps are used
What effect does scarcity have on the price of a product if demand stays the same?
The scarcer the product, the higher the price.
Are the price in a website the same prices at the store?
No. The prices on the websites of many stores are not necessarily the same as they are in the store. I recently purchased a radio online but picked it up at the store. I did it that way because the in store price was higher.
What describes an agreement among business making the same product to limit production and keep prices high?
Cartel
What is Horizontal integrations?
Controlling the prices for a product by eliminating the competition.
When a producer is unable to meet the demand of the certain product?
If a producer is unable to meet the demand for a certain product, then either there will be other producers of the same product who will meet the demand, or if not, then there will be a shortage. Prices will rise.
When a producer is unable to meet the demand of a certain product?
If a producer is unable to meet the demand for a certain product, then either there will be other producers of the same product who will meet the demand, or if not, then there will be a shortage. Prices will rise.
