Economic Downturn
» Economic Downturn, Volume 8, Issue 1, 2008
If overall selling prices are lower now compared to six months ago.
8a. (selling prices) Is it because:?
| Response | ||||
|---|---|---|---|---|
| 1 | Your costs are lower | 6 | ||
| 2 | Competition is forcing prices lower | 46 | ||
| 3 | You expect lower prices to stimulate sales | 28 | ||
| 4 | Other | 20 | ||
| 5 | DK/Refuse | 0 | ||
| Total (%) | 100 | |||
| N | 92 | |||
Notes: Forty-six (46) percent of small employers who have lower overall selling prices now compared to six months ago have them because competition forced prices lower.
