When setting prices,a company must consider factors in its pricing environment.,including factors such as boom or recession,inflation,and interest rates,can have a strong impact on the firm's pricing strategies.
A)Consumer trends
B)The demand curve
C)Economic trends
D)Target costing
E)Competitors' responses

Question

Quizplus · Accepted Answer

Economic trends such as boom, recession, inflation, and interest rates directly affect a company's pricing strategies.

When Setting Prices,a Company Must Consider Factors in Its Pricing