If Nike started selling new shoes, and people around the world wanted to buy a pair would Nike set the price high or low? Explai

Question

charle [14.2K]

2 years ago

15

If Nike started selling new shoes, and people around the world wanted to buy a pair would Nike set the price high or low? Explai

n your reasoning.

Social Studies

2 answers:

gizmo_the_mogwai [7] · Answer 1 · 2022-12-02T06:55:04+03:00

gizmo_the_mogwai [7]2 years ago

8 0

I’m pretty sure Nike will set it at a high price at first but once the demand gets lower they would set it at a lower price.

ale4655 [162] · Answer 2 · 2022-12-02T07:57:17+03:00

ale4655 [162]2 years ago

6 0

Answer:I think they would set the price high

Explanation:

First the shoes are new so any new release is already going to get set high. second,if the demand gets higher,the cost will also go up. Finally it is a very popular brand and many people buy this brand.