Price Point
Price points are prices at which demand for a given product is supposed to stay relatively high.
Read more about Price Point: Characteristics, Causes, Oligopoly Pricing
Famous quotes containing the words price and/or point:
“A bargain is in its very essence a hostile transaction ... do not all men try to abate the price of all they buy? I contend that a bargain even between brethren is a declaration of war.”
—George Gordon Noel Byron (1788–1824)
“By many a legendary tale of violence and wrong, as well as by events which have passed before their eyes, these people have been taught to look upon white men with abhorrence.... I can sympathize with the spirit which prompts the Typee warrior to guard all the passes to his valley with the point of his levelled spear, and, standing upon the beach, with his back turned upon his green home, to hold at bay the intruding European.”
—Herman Melville (1819–1891)