Consumer demand is one of the least critical factors in determining the price of sports product.

Name: Consumer demand is one of the least critical factors in determining the price of sports product.
Brand: Quizplus
Rating: 4.7 (25 reviews)

Question

Quizplus · Accepted Answer

Consumer demand is one of the most critical factors in determining the price of sports products. The higher the demand, the higher the price, and vice versa. Other factors such as production costs, competition, and market trends can also affect pricing, but consumer demand remains a significant driver.

Consumer Demand Is One of the Least Critical Factors in Determining