Product Controlled By the Manufacturer or Producer Pricing is controlled by the manufacturer or producer of the product or service. The manufacturer or producer understands the competition (competitive activity), the consumer, and its own company requirements.
Please discuss a product whose price you have seen a change in response to its competition.
How did the price change?
Did the price change seem to result in favorable business results? Details are important. Producer goods, also called intermediate goods, in economics, goods manufactured and used in further manufacturing, processing, or resale. Producer goods either become part of the final product or lose their distinct identity in the manufacturing stream.
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