Been struggling a little bit these 4 questions

1. Understand the strategic objective of marketing's branding efforts and decreasing price elasticity.
2. Price changes in a product (increase/decrease) and the effect of those changes upon the substitute and complementary products.
3. Know how to calculate a percentage of a base price to determine the markup of a price.
4. Know the type of Price Level Policies and their application over a Product Life Cycle.

Answer rating: 100% (QA)

Lets break down each of the four questions youre struggling with Understanding the strategic objective of marketings branding efforts and decreasing price elasticity The strategic objective of marketi... View the full answer