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Business strategy
Don't let the trader dictate the prices of goods
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[QUOTE="Kingsley, post: 209529, member: 30278"] Well I don't entirely agree with you that the customer can determine or dictate the price of products or services at all the time, what determines prices of goods and services will vary from type of market to another for instance in a monopolistic market buyers can not determine anything in such market because the seller determines price and the buyers has to accept it however it comes. It is only in a competitive market that a buyer will have a role to play but he still does not determines the price rather it will be determined by the forces of demand and supply. So in any case it will be difficult for either the buyer and seller to determine the fix prices as this things are allowed to play out by the forces of demand and supply. Again in the case of farming business it actually depends on the type of crops one is planting and also the season one is doing the harvesting and also the country where the farm is situated matters alot, all these things determines the price of the crops. when we consider all these factors very well you will see how it will influence price. [/QUOTE]
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Don't let the trader dictate the prices of goods
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