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Lynna [10]
2 years ago
13

Price is important to managers

Business
1 answer:
jek_recluse [69]2 years ago
7 0

Price is important to managers because it has a substantial effect on a company's profitability and sustainability.

<h3>Why is pricing important?</h3>

The importance of pricing is traced to the fact that defines the value or worth of a product and the number of customers that demand the product.

For the consumer of products, price is a key factor that determines purchase decisions.

Thus, price is important to managers because it has a substantial effect on a company's profitability and sustainability.

Learn more about pricing at brainly.com/question/15569228

#SPJ1

<h3>Question Completion:</h3>

Why is price important to managers?

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Grasping, strategies for problem-solving, driving a car, and balancing a budget are all examples of Schemas.

<h3>What is Schemas?</h3>

A schema is defined as a pattern of contented or behavior that handles informational categories and the relations between them, according to psychology and cognitive science.

Schemas can be seen in the act of grasping, problem-solving techniques, operating a vehicle, and budgeting.

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brainly.com/question/18959128

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