Pricing Decisions
December 28th, 2020
What are some of the differences between demand influences and supply influences on our pricing decisions?
After reviewing this week’s resources and your research, consider the challenges marketers face as they seek to balance supply and demand.
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Pricing Decisions
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Increased prices typically result in lower demand and vice versa. However, this is not always the case. Identify a product in which a price increase or decrease resulted in the opposite demand and explain the factors why. 300 words