What factors you consider in setting a pricing strategy

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Assume that you are a manager of a retail outlet that markets T-shirts. You must determine a price.

What factors should you consider in setting a pricing strategy? What is meant by the term inelastic demand? What are some kinds of products that have inelastic demand?

Reference no: EM131297801

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What factors you consider in setting a pricing strategy : Assume that you are a manager of a retail outlet that markets T-shirts. You must determine a price.- What factors should you consider in setting a pricing strategy?

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