Vivian conducted market research on her company's products. She found that after the company raised the price of its product by $1.50, the demand in the uptown region remained the same with only minor fluctuations. However, she found that the demand in the downtown region dropped by 20 percent after the price change. How should Vivian take these demands into consideration? In a situation where demand differs in different areas, Vivian should consider the demand.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Vivian conducted market research on her company's products. She found that after the company raised the price of its product by $1.50, the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Vivian conducted market research on her company's products. She found that after the company raised the price of its product by $1.50, the demand in the uptown region remained the same with only minor fluctuations.