Competition-based pricing is:
A) used when costs and revenues are secondary to competitors' prices.
B) not a useful method to increase market share.
C) not useful if the competing products are homogeneous.
D) used to price above competitors' prices.
E) used when competing products are heterogeneous.

Question

Quizplus · Accepted Answer

Competition-based pricing is used when costs and revenues are secondary to competitors' prices.

Competition-Based Pricing Is