Controlling demand for a new product through the pricing strategy could save a company from having dissatisfied customers by matching supply to the demand.

Name: Controlling demand for a new product through the pricing strategy could save a company from having dissatisfied customers by matching supply to the demand.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

By adjusting the price, a company can control demand to match its supply capabilities, preventing situations where high demand leads to shortages and dissatisfied customers.

Controlling Demand for a New Product Through the Pricing Strategy