Question

A business initially sells their product to customers for $50. They find that many people are buying their product so they rise the price to $100. Which of the following is a likely response that they will receive from the customers?

A) Customers might begin to distrust the company
B)Customers will start to complain about the placement of the products
C) Customers will likely buy more of their product
D)Customers will start to complain about promotion

Answer 1

Customers might begin to distrust the company because of the price rise by $50.