Question

What is the selling price of your competitor’s product? (i) Selling price to consumer (ii) Selling price to retailer (iii) Selling price to wholesaler What is the profit margin in percentage to the Manufacturer. Wholesaler. Retailer. in starbucks product

Answer 1

third option is the answer

Answer 2

Selling Price

Explanation:

• So we can say that where I think competitive pricing consists of setting the price at the same level as one's competitors.
• So we cans ay that where I think in any market, many firms sell the same or very similar products, and according to classical economics, the price for these products should,
• So we can say that where I think in theory, already be at an equilibrium (or at least at a local equilibrium