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Demand   Silly Bandz  The Latest Fad | Video   ABC News

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That the product is in high demand

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It shows that they have a variety of bands for $5

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It shows that they have a variety of bands for $5

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Blake Henderson

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make sure they invent different types of silly bandz. especially designs students like

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the prices of the product can increase

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silly band has different designs and varities.

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business owner must lower prices to attract customers

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the business owner lowers his price so that more people will but the product

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it lets consumers know there is high demand for the product

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He can have different marketing ideas for silly bandz

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when he notice that it starts getting popular and people are actually buying it

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because they will sell quicker

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prices can be raised as the product increases.

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so he can sell his product and get more consumers to buy it

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Because there is no point to have a high price if no one is busying the item.

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The prices of the product should be higher if the product increases

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It communicates to the community that the product is a complete success and now has to compensate the demand for the product by jacking up the prices

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In order to attract more customers

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If it has a higher price for a good or service, it lets the consumers know there is a very high demand for that product.

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Have more of that product to release to the public and keep it consisted.

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Owner of a business can raise prices once a product actually increases in demand and less of supply

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The demand for silly bands are high

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The business owner will raise his prices when he see's that his product is doing well, and wants to make a profit.

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The demand for Silly Bandz is high, so the owner can raise the price and the consumers will still buy them.

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When a business owner has a incentive to raise prices is, if the supply was low and the demand for the product was high

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When a business owner has a incentive to raise prices is, if the supply was low and the demand for the product was high

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Blake Henderson

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A business owner must lower prices if the product isnt selling as fast in order to captivate a persons attention by price in order to buy it

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Have a large variety of all the silly bandz in one packet

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Have a large variety of all the silly bandz in one packet

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-Ervin

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When demand for a product is high and the supply is limited

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-Ervin

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have a large variety of all the sill bandz in one packet

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Hula Hoop, Why the business owner lowers his prices to sell it is because, if his price is too high for a want instead of a need 

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Hula Hoop, Why the business owner lowers his prices to sell it is because, if his price is too high for a want instead of a need 

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Blake Henderson

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To influence consumers to buy more products at a lower price.

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The demand is high

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If the supply is low and the demand is high

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If the supply is low and the demand is high

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-Ervin

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What can the business owner do to ensure that the Silly Bandz are allocated to those consumers, which value them the most?

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What information is being communicated to the business owner by the $5 price of Silly Bandz?

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What does a higher price than before for a good or service communicate to consumers about the demand for that product?

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When would a business owner have the incentive to raise prices?

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Why does a business owner lower his prices if a product is not selling quickly?