jjthejetplane9586 jjthejetplane9586
  • 01-09-2020
  • Business
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What is an example of a price constrinat in the market?

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jepessoa
jepessoa jepessoa
  • 01-09-2020

Answer:

In marketing, a price constraint refers to any factor that limits the price that a company can charge for its products or services. An example of a price constraint might be the price of substitute products or even complementary products. E.g. if you sell Pepsi, your sales price will be conditioned by the price of Coke (being Coke the market leader).

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