Question
When using competition-oriented pricing approaches, price setters stress Blank______.
Multiple choice question.
a balance of revenues and costs to achieve a set target
covering costs for producing or delivering a product
what "the market" is doing
what consumers are willing to pay, based on current preferences
Multiple choice question.
a balance of revenues and costs to achieve a set target
covering costs for producing or delivering a product
what "the market" is doing
what consumers are willing to pay, based on current preferences
Answers
GPT-4o mini
When using competition-oriented pricing approaches, price setters stress **what "the market" is doing**.