Question

Please help me!!!!!

After you set a price for your product, you discover that your competitors are selling the same thing at a significantly lower price. One reasonable option you have is to

A. raise your profit margin.
B. use the cost plus model.
C. find a way to lower your costs.
D. lower your price, but add a service charge.

Answer 1

The correct answer is C. find a way to lower your costs.

took the test and got it correct

Answer 2

The answer will be C. find a way to lower your costs