What signal from the marketplace will let me know


Problem

I have a business and am debating raising the price of my product to my clients, to pass on increases in raw material prices. I would like to call my competitors to see if they are raising their prices, but am worried I will be accused of collusion (against the law). What signal from the marketplace will let me know it's time to raise prices?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: What signal from the marketplace will let me know
Reference No:- TGS03239176

Expected delivery within 24 Hours