There’s a widespread perception that an organization can arbitrarily choose any value it needs for its merchandise after which make obscene earnings. And whereas it’s true that an organization is definitely free to set its costs, that doesn’t imply that customers should pay them. There are a number of different elements at play.
Does the corporate have a monopoly? How lengthy wouldn’t it take for the competitors to gear up and begin producing a competing product? How a lot demand is there for this product? How desperately does the…
