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Oduvanchick [21]
3 years ago
15

How will the price of a product impact on the profits of the entrepreneur​

Chemistry
1 answer:
taurus [48]3 years ago
3 0

Answer:

The higher your price, the less volume you have to produce for a given dollar amount of profit! Even a small price increase can generate significant additional profit. ... When a business comes out with a new product or service and they are the first to market, they may be able to charge high prices initially.

Explanation:

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