Which factors affect the price of a smartphone app? Select all that apply.

Question

1. price of similar apps

2. price of compatible phones

3. price of offline activities

4. time scarcity among consumers

5. opportunity costs of consumers

Answer 1

6. quality of the app

Answer 2

CORRECT ANSWERS ARE:

A. Price of similar apps
B. Price of compatible phone

Answer 3

Lotus is correct. Price of similar apps and Price of compatible phone are the correct answer. Right for connexus November 2023.