Ouma a trader at Nangina marketing centre in Busia County sells cones but does not know how to determine best prices for his commodities. Advice...

      

Ouma a trader at Nangina marketing centre in Busia County sells cones but does not know how to determine best prices for his commodities. Advice him on four methods of achieving this objectives.

  

Answers


Kavungya
(i) Bargaining/negotiation/haggling
(ii) Auctioneering/bidding
(iii) Tendering/welcoming tenders from various suppliers of cows.
(iv) Through Government intervention where he considers taxation, subsidy provision, legislation on sale of cows, bans or price controls
Kavungya answered the question on September 27, 2019 at 13:19


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