How to Raise Prices Without Losing Customers

After viewing the video "How to Raise Prices Without Losing Customers" share your thoughts on the economic concepts
that you believe are applicable. In your response, provide a rationale on whether or not a firm has to possess market
power in order to raise prices.
APA Format* Minimum 275 words* 2 cited references* view video via youtube. javascript:var
newWnd=ObjLayerActionGoToNewWindow('https://www.youtube.com/watch?
v=goorf9XFZGU','Trivantis_','width=1009,height=662,scrollbars=1,resizable=1,menubar=1,toolbar=1,location=1,status=1

Sample Solution