Question:
Increasing income tax (this reduces the amount consumers have to spend) effects on possible business decision and problems with these decisions
Author: Freya WatsonAnswer:
Lower prices on existing products to increase demand - less profit will be made on each item sold which reduces the gross profit margin producer 'cheaper' products to increase demand - the brand image of a product might be damaged by using cheaper versions of it
0 / 5 Â (0 ratings)
1 answer(s) in total