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atroni [7]
2 years ago
12

A company introduces a new product in the market. The company decides that the only way it could attract customers is to keep th

e price of the product lower than what its competitors charge. What advantage would the company enjoy because of the strategy it proposes to follow?
Business
2 answers:
8_murik_8 [283]2 years ago
7 0

Answer:

Company would make more money than other companies.

Explanation:

Because customers would buy more.

topjm [15]2 years ago
4 0
Lowering prices leads to higher sale volumes , making up for the lower profit margin .
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3 years ago
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Answer:

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Explanation:

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3 years ago
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aleksandrvk [35]

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2 years ago
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3 0
3 years ago
Read 2 more answers
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