Question

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

Answer 1

A. find a way to lower your costs.

Answer 2

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

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