Question

If Nike started selling new shoes, and people around the world wanted to buy a pair would Nike set the price high or low? Explain your reasoning.

Answer 1

I’m pretty sure Nike will set it at a high price at first but once the demand gets lower they would set it at a lower price.

Answer 2

Answer:I think they would set the price high

Step-by-step explanation:

First the shoes are new so any new release is already going to get set high. second,if the demand gets higher,the cost will also go up. Finally it is a very popular brand and many people buy this brand.