How increase prices

Paulo340
Level 2
Ribeirao Preto, Brazil

How increase prices

Hello all, prices in my area are under expectation. How to increase them?

1 Reply 1
Mike-And-Jane0
Top Contributor
England, United Kingdom

@Paulo340 Expectation doesn't really apply too much in economic theory. The reality is probably that supply exceeds demand and so pricing reduces. Close down and the market will adjust the price upwards for those who remain. Alternatively tough it out and wait for others to close down.