Economy, asked by Mazumder2385, 10 months ago

Theory of product pricing

Answers

Answered by ggg12350

3

Explanation:

The theory of price is an economic theory that states that the price for any specific good or service is based on the relationship between its supply and demand. The optimal market price, or equilibrium, is the point at which the total number of items available can be reasonably consumed by potential customers.

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