Factor in pricing Crossword Clue

The solution for the clue "Factor in pricing" from Newsday.com crossword puzzle is mentioned here below. .

Understanding Today's Crossword Puzzle

Today's clue "Factor in pricing" corresponds to the answer "DEMAND." Here is why this clue leads to that answer:

• Price Determination: When setting prices for products or services, one crucial factor that businesses consider is the level of demand in the market.
• Economic Principle: The law of demand states that as the price of a product increases, the quantity demanded by consumers decreases, and vice versa.
• Pricing Strategy: Businesses often adjust their pricing strategies based on the principle of demand, aiming to find the optimal price point that maximizes profitability.

In conclusion, the clue "Factor in pricing" logically points to "DEMAND" as the answer, emphasizing the significant role that demand plays in determining the prices of goods and services.

Definition of "DEMAND"

an insistent and peremptory request, made as of right

Example :

a series of demands for far-reaching reforms

he's got enough demands on his time already

a recent slump in demand

 The Crossword clue "Factor in pricing" published 1 time/s & has 1 answer/s. 

Crossword	Date	Answer
Newsday.com	24 May 2019	DEMAND