If a company sets its product or service price too high, it might cause
A) the demand to increase for the product.
B) customers to not purchase the product.
C) supply of the product or service to decline.
D) the market share of a competitor to decrease.

Question

Quizplus · Accepted Answer

Setting a price too high can deter customers from purchasing the product, leading to decreased sales.

If a Company Sets Its Product or Service Price Too