The price based on customers' perceived value for the product and the price that competitors charge is the:
A) predatory price.
B) target price.
C) target cost.
D) dumping price.

Name: The price based on customers' perceived value for the product and the price that competitors charge is the: A) predatory price. B) target price. C) target cost. D) dumping price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Target price is determined by considering the perceived value to customers and the prices set by competitors.

The Price Based on Customers' Perceived Value for the Product