International Journal of Management, Economic and Accounting
Vol. 3 No. 6 (2025): December 2025

The Role of Microeconomic Analysis in Decision Making Pricing in the Retail Industry

Kholilul Kholik (Unknown)
Suendrizal (Unknown)



Article Info

Publish Date
31 Dec 2025

Abstract

Proper pricing is one of the key factors in achieving success in the retail industry. In this context, microeconomic analysis plays an important role in aiding efficient and profitable pricing decision-making. This study aims to analyze how microeconomic concepts, such as price elasticity, cost theory, and market structure, affect the pricing decisions made by retail companies. Using a qualitative approach and case studies on some of the leading retail companies, the study identified a variety of factors considered in pricing, including changes in demand, production costs, as well as the characteristics of the markets in which the company operates. The results show that retail companies that apply the principle of price elasticity tend to be able to adjust prices better according to consumer demand, while companies operating in oligopoly markets are often more cautious in setting prices to maintain competitiveness. In addition, production costs and fixed costs also influence pricing decisions, with companies tending to raise prices when operating costs increase. The study concludes that a deep understanding of microeconomic analysis can improve the effectiveness of pricing decision-making, which in turn will improve the competitiveness and profitability of retail companies.

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Journal Info

Abbrev

IJMEA

Publisher

Subject

Economics, Econometrics & Finance

Description

The International Journal of Management, Economic and Accounting is an academic journal published bimonthly. This journal features the latest research in the fields of management, economics, and accounting, covering topics such as strategic management, micro and macroeconomics, corporate finance, ...