Pricing a product is often a challenge for marketing managers. Set the price too high and the product or service does not sell. Set it too low and you are leaving money on the table.What's the principle behind setting the price for products and services? You may want to consider your past microeconomics class here at GCU in answering this important question!

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12-06-2024
Business

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Pricing a product is often a challenge for marketing managers. Set the price too high and the product or service does not sell. Set it too low and you are leaving money on the table.What's the principle behind setting the price for products and services? You may want to consider your past microeconomics class here at GCU in answering this important question!

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