The marketing research conducted by the firm shows that 50


Searches related to Firm A has a new shampoo product, which has a potential market of 100,000 customers. The marketing research conducted by the firm shows that 50% of the customers will buy it if the shampoo is priced at no more than $12, and the other 50% of the customers will only buy it if the shampoo is priced at no more than $9. How should the firm price the shampoo to maximize its revenue?

Solution Preview :

Prepared by a verified Expert
Business Management: The marketing research conducted by the firm shows that 50
Reference No:- TGS01700349

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)