In practice, the most often used pricing strategy is
A) cost-based pricing
B) demand-based pricing
C) competition-based pricing
D) combination pricing

Question

Quizplus · Accepted Answer

In practice, the most often used pricing strategy is a combination pricing strategy of cost-based, demand-based, and competition-based because each has factors that should be considered in deciding on the price of a product.

In Practice, the Most Often Used Pricing Strategy Is