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Many purchases are made with credit cards or loans.

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CP & SL- In order to keep prices low shop carefully and wisely

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CP & SL- In order to keep prices low shop carefully and wisely

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Buy large quantities of a product when its lower.

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CP & SL-Customers who optimize need to be careful and not overspend

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CP & SL-Customers who optimize need to be careful and not overspend

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Strategies  used to meet their basic needs.

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CP & SL- When optimizing consumers get the highest value for money spent.

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CP & SL- When optimizing consumers get the highest value for money spent.

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Save your money without spending it.

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CP & SL-  Economizing  can lead to savings and better buying habits

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CP & SL-  Economizing  can lead to savings and better buying habits

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Purchasing items without planning it through.

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CP& SL- When buying consumers can use strategies like economizing and optimizing. 

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CP& SL- When buying consumers can use strategies like economizing and optimizing. 

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Prices can be competitive with other similar products.

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CP & SL- Product differentiation makes similar products seem better 

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CP & SL- Product differentiation makes similar products seem better 

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Prices based on what you're willing to pay.

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CP & SL- Market research, like surveys, can determine a products demand

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CP & SL- Market research, like surveys, can determine a products demand

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CP & SL- Companies use cost-plus pricing to ensure a certain profit.

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CP & SL- Companies use cost-plus pricing to ensure a certain profit.

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Setting an introductory price high to recover the RD.

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CP & SL- Businesses can use different methods to set prices

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CP & SL- Businesses can use different methods to set prices

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Sellers must be careful on how they price their product.

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CP & SL- A number of things affect the prices of the economy.

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CP & SL- A number of things affect the prices of the economy.

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Partner Up - Sydney and Courtney, Tabitha and Catie and start Shrinking the paragraphs from Section 2 - Every other one!  Sydney and Courtney take the first paragraph on page 86  In a market economy.... Tabitha and Catie take the Second paragraph Sellers must be careful..... Add them to this padlet until you finish the section!