State about the demand - pricing decisions, Marketing Management

Assignment Help:

State about the Demand - pricing decisions

Demand also affects the price in a big way. When there is limited supply of a product and demand is high, people buy even if high prices are charged by the producer. However how high the price would be is dependent upon prospective buyers' capacity and willingness to pay and their preference for the product. In this context, price elasticity, i.e. responsiveness of demand to changes in price must also be kept in view.

Related Discussions:- State about the demand - pricing decisions

Bcg matrix, #question draw an bcg matrix with an numerical example..

#question draw an bcg matrix with an numerical example..

Export and import procedures and documentation., What are the procedures of...

What are the procedures of export under deferred paymente?

Segmentation, consumer market segmentation

consumer market segmentation

Polynomial function, For 1980 through 1996 e total exports E of the us can ...

For 1980 through 1996 e total exports E of the us can be modeled by E=-0.131^3 +5.033t^2-23.2t+233 where t is the number of years since 1980 in what year were the total exports abo

Test marketing, what are the approaches used by FMCG companies in test mark...

what are the approaches used by FMCG companies in test marketing?

Market defense, Market Defense is the strategic actions that try to minim...

Market Defense is the strategic actions that try to minimize or deter threatening activities by existing or potential competitors. Strategic moves can deter all or a few of the p

Consumer buying behaviour and industrial buying behaviour, Question 1: ...

Question 1: Discuss the differences and similarities between consumer buying behaviour and industrial buying behaviour. Question 2: For any organization of your choice,

Buying roles, Buying roles: marketers have to go beyond the various influe...

Buying roles: marketers have to go beyond the various influences on buyers and develop an understanding of how consumers actually make their buying decisions. Specifically, market

Marketing channels, if a consumer buys an item through a catalog over the p...

if a consumer buys an item through a catalog over the phone with a credit card, is the credit card a channel member?

What are gauging tools comprised in annual plan control, What are gauging t...

What are gauging tools comprised in annual plan control? Annual plan control consists of at least five performance gauging tools as illustrated below in points: a) Sales a

Write Your Message!

Name

Email id

Message

Verfication Code

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages