Question: A predictive study showed that a company would gain a gain a 10 percent market share if it reduced its products price by $5. The
A predictive study showed that a company would gain a gain a 10 percent market share if it reduced its products price by $5. The could keep the prices of their products unchanged. Which of the following statements is true? a)a new study focusing on fewer ariables is required. b)Since the company can't control the price decisions of its competitors the study isn't very useful. c) market fluctuations make this study important for predictions. d) The research shows that the company should reduce price by $5
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