Assume that the seller of a product has established the products best price by considering the products
Question:
(a) Give an example where negative societal consequences would make many people consider this price to be too high. Describe the product, price, and the negative consequences.
(b) Give an example where negative societal consequences would make many people consider this price to be too low. Describe the product, price, and the negative consequences.
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a The rents of onebedroom apartments in New York City rise to 2000 per month This price would like...View the full answer
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Related Book For 
Pricing Strategies A Marketing approach
ISBN: 978-1412964746
1st edition
Authors: Robert M. Schindler
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