Strategic Pricing Decisions Made by Companies for Products Commonly Found in Supermarkets and how consumer behavior might impact those pricing, marketing, and packaging decisions.
During recessionary times, commodity prices may not fall - in fact, many consumer commodity prices frequently continue to rise. For example, in 2008, the average price for a gallon of gasoline was $1.85. In 2012, the price for a gallon of gasoline rose to nearly $4.00/gallon. Not unexpectedly, food prices have risen as well, wit