What opportunities do businesses have to charge a premium

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What opportunities do businesses have to charge a premium

Answer the question below in ( 4 paragraphs ) each paragraph should be around 7 lines. also I need two different example.
-Is price always a result of costs and demand? What opportunities do businesses have to charge a premium? Give examples.

 

……………………………Answer preview………………………

According to human wisdom, it is the nature of human being to get when the getting is good. The same wisdom in the books of economics tells us that when the demand for products skyrockets the prices skyrocket too. However, this is not the case in real world according to many economic observers. Perhaps some observers argue that the excessive demand of goods or services will eventually lead……………………

APA

599 words

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