As part of a flexible-pricing policy, which of the following remain the same even as prices shift? (Check all that apply.)

Question

Multiple select question.

The product's quantity

The customers purchasing the product

The kind of product

The cost to the consumer

Answer 1

In a flexible-pricing policy, the following aspects typically remain the same even as prices shift:

1. The kind of product - The type of product does not change based on pricing strategies.
2. The product's quantity - The quantity of the product itself remains unchanged, though the purchased quantity may vary based on price sensitivity.

The other options, such as the customers purchasing the product and the cost to the consumer, may vary with changes in pricing.

So, the correct selections are:

• The kind of product
• The product's quantity