Oliver makes guitars.There are four other guitar shops that also make good guitars on the same street.If Oliver wishes to increase his total revenue, he should:
A)decrease the price of the guitars
B)increase the price of the guitars
C)not change the price of the guitars
D)manufacture pianos instead

Question

Quizplus · Accepted Answer

Decreasing the price of guitars can make Oliver's guitars more attractive to customers compared to the other four guitar shops on the same street, potentially increasing his sales volume and total revenue, especially in a competitive market.

Oliver Makes Guitars