Question

QUESTION 26
Which of the following is NOT a reason for increasing prices
O Cost pressures
O Curbing Demand
price leadership
all of the above​

Answer 1

Curbing demand

Explanation:

If you curb something, you control it and keep it within limits.

Answer 2

The reason which does not lead to an increase in prices is the last option, all of the above.

• Cost pressure is the price paid for acquiring, producing, maintaining something, usually measured in money, time, or energy. It basically results in a loss of money so it is about cutting down the price.
• Curbing demand in technical terms is where the services are offered on demand through direct contact between a customer and supplier, so it also saves on the price.
• Price leadership is the situation where price changes and such decisions related to prices are established by a dominant firm, and the others in that firm or sector have to follow them accordingly.