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riadik2000 [5.3K]
3 years ago
5

In the Product Component Model, if a company is altering the price of its product to compete with the local companies in the int

ernational market, it is most likely focusing on the _____ component.
Business
1 answer:
Rudiy273 years ago
3 0

Answer:

Packaging is the correct answer.

Explanation:

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The "invisible hand" concept refers to the . guiding function of prices in a market system. implicit influence that the governme
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guiding function of prices in a market system

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The price transfer information cross the agent which, organize around them, the price of a good made it more profitable than other, which generate more people diving into the business. This in the end lower the price as there are more competition, and causes agent to leave the market and move to another thus, allocating resources without explicit regulatory structure or goverment actions. Same concepts occur with the consumer, if the price of a good is lower, they will prefer to purchase it over other with are more expensive. This will send the signal to produced to generate more units of this goods and decrease the output of goods which are not consumed as much.

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Explain why it is important for
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2 years ago
Can someone please explain to me how to do those dashes on word on a PC laptop ASAP? Will give brainliest
kenny6666 [7]

Click where you want to insert a blank underline.


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Table command on the Insert tab


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7 0
3 years ago
What item(s) are tax deductible for consumers who are buying or renting a home?
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3 Moving costs

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Which aspect of a business needs the support of accurate market research?
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