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Q: Do customers buy if a price is 19.99 or 20.00?
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What is choke price?

"choke price" is an economics term that simply means the minimum price at which no customers will buy a given product. For example, if only 2 customers are willing to buy a widget for $10, only 1 customer is willing to buy a widget for $11 dollars, and no customers are willing to buy a widget for $12 or more dollars, then the "choke price" of widgets its $12 dollars.


What is a demand for a product?

A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.


Why doesnt coke lose its customers when it raises its price?

because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.


Where is the most reliable place to buy Microsoft Office 2000?

Microsoft office 2000 is most reliably bought from Microsoft's website which gives you different offers and the appropriate price-tag. It is also safe to give your details and will give customers no virus threats.


Why doesnt coke lose all its customers when it raises its price?

because of the product itself. customers buy the product not only looking at the price but because of the quality of the product. if consumers are satisfied with the product, they will entertain the product even if it raises price.


What effect does customer have on pricing?

If customers refuse to buy a product, the manufacture and shopkeeper will be left with unsold stock - which is dead money. They may be forced to reduce the price or give incentives to encourage customers to buy. In some cases, they may have to sell under-priced as a loss leader, or at cost price, so incurring a break-even loss.


What is the price for a Yamaha Generator?

Yamaha generators price depends on what kind of generator you want to buy. It costs from $700 to $2000. Most of the generators has warranty when you buy them.


How much money does a sandwich stand make?

It depends on the price of the food and how many customers come to buy the food


What is the purpose of car showroom?

the purpose of car showroom is to attract customers to buy or hire cars or persuade them to buy with a reasonable budget price and get the right vehicles for your showroom.


What is the value of the 1999 American Silver Eagle coin?

Spot price of silver today is $17.90 buy price for this coin should be about $15.00


What type of company is Car Cost Canada?

Car Cost Canada provide wholesale price reports to customers hoping to buy a new car in Canada. These reports enable customers to work out the exact wholesale price of the car they are interested in, making it easier to tell whether or not a particular car dealer is offering you value for money, and helping customers be more confident when haggling on price.


Why do customers buy products?

Customers buy products to fill a want or a need.