consumer behavior
Can an industry be monopolistically competitive if consumers don't value variety in the marketplace?
Question
What factors should be considered when setting product prices?
What factors should be considered when setting product prices? How can a company maintain positive customer relationships? Why is it important to understand consumer behavior?
10 months ago - 1 answers
Best Answer
Chosen by Asker
Regarding product prices, you should match your competitors. As for the other two questions, customers are all you have to stay in business, so that's why!
by Jacqueline
10 months ago
Asker's Rating: 