Discussion Questions:
Initial Post:
Choose a product that you purchase frequently.
Describe the brand and discuss what intrinsic and extrinsic product factors influence the price of that product.
What microeconomic and macroeconomic factors could cause a change in the product’s price?Discussion Questions:
Initial Post:
Choose a product that you purchase frequently.
Describe the brand and discuss what intrinsic and extrinsic product factors influence the price of that product.
What microeconomic and macroeconomic factors could cause a change in the product’s price?