(Answered) Why does price matter if you sell 200 hamburgers for 1

Economics

Why does price matter? If you sell 200 hamburgers for $1 each or call them gourmet and charge $10 each and only sell 20, what difference is there? What happens over time? What does pricing say about your business? Who is the customer and what effect does pricing have on them?

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Business Economics, Economics

Category:- Business Economics
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