Multiple Choice
Procter & Gamble dropped the price of Pringles Potato Chips due to price competition and consumer demand.As a result of the price reduction,why did Procter & Gamble experience increased unit sales and earnings by 10 percent?
A) price wars with other snack food makers
B) elasticity of demand
C) price demand determinants
D) market share fluctuations
Correct Answer:
Verified
Correct Answer:
Verified
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