Which of the following is the step in setting a final price for a product that occurs immediately after determining cost,volume,and profit relationships?
A) set list or quoted price
B) select an approximate price level
C) scan competitors for prices of similar products or services
D) estimate demand and revenue
E) identify pricing objectives and constraints
Correct Answer:
Verified
Q3: Demand-oriented approaches weigh factors that underlie expected
Q4: Amazon wanted lower retail prices for e-books
Q5: Skimming pricing refers to
A) setting the lowest
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