deborah developed a new fragrance for a company that produces several types of perfumes, lotions, and bath…

deborah developed a new fragrance for a company that produces several types of perfumes, lotions, and bath soaps. which of these could raise the item price of the fragrance? the ingredients for the fragrance were inexpensive and easy to obtain. the company hired a celebrity to promote the new fragrance. new manufacturing efficiencies were implemented in the production of the fragrance. other companies had similar fragrances already being sold at retail locations.

deborah developed a new fragrance for a company that produces several types of perfumes, lotions, and bath soaps. which of these could raise the item price of the fragrance? the ingredients for the fragrance were inexpensive and easy to obtain. the company hired a celebrity to promote the new fragrance. new manufacturing efficiencies were implemented in the production of the fragrance. other companies had similar fragrances already being sold at retail locations.

Answer

Brief Explanations:

Hiring a celebrity for promotion can increase brand - image and demand, allowing the company to raise prices. Inexpensive ingredients and manufacturing efficiencies lower costs and usually lead to lower or unchanged prices. Similar products in the market create competition and may force lower prices.

Answer:

The company hired a celebrity to promote the new fragrance.