157k views
1 vote
What will happen to demand for your product as your product price increases within the price fine cut?

User DmitryB
by
8.0k points

1 Answer

5 votes

Answer: As your product price increases within the price fine cut, demand for your product will definitely decrease.

Step-by-step explanation:

The most logical reason for this trend is that in price fine cut, the price score (demand) follow a patterned and unique demand curve in which as product price increases, demand decreases.

The attachment below shows the demand curve for a price fine cut.

What will happen to demand for your product as your product price increases within-example-1
User Animesh Manglik
by
7.8k points