Ask Question
23 January, 18:31

A company believes that its product will exhibit network effects if enough consumers begin to use it. How might this company decide to price its product?

+1
Answers (1)
  1. 23 January, 18:59
    0
    They would have to price it at low cost first before tryna to get their customer to pay a high price. They must wait until their product is popular or well-known before raising the prices.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A company believes that its product will exhibit network effects if enough consumers begin to use it. How might this company decide to ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers