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.