Discussion Topic In most economies, price refers to the amount of funds required

Discussion Topic
In most economies, price refers to the amount of funds required

Discussion Topic
In most economies, price refers to the amount of funds required to purchase a product. This discussion highlights the process for determining a price to stay competitive but justifiable price. Marketers must understand the critical role price plays in the consumer decision-making process and adjust multiple aspects of the marketing mix accordingly.
Comment on the following:
Many fast-food restaurants utilize value menus to stimulate consumer demand and remain competitive, but they should at least cover production costs when pricing these items. Is this a good marketing strategy?
Rubrics
Your original posting should be no less than 500 words of written content, Please check your grammar and spelling; if you use sources other than your own words, make sure you cite. in APA format. NO AI content. Rubrics Posting /Writing Content (No less than 500 words/half a page of writing) if you use sources other than your own words, make sure you cite in APA format.