Which of the following product characteristics that affect pricing typically involves discounting products as they approach being no longer fit for a sale?
A) Distinctiveness
B) Perishability
C) Durability
D) Stage in product life cycle

Question

Quizplus · Accepted Answer

Although numerous product characteristics can affect pricing, three of the most important are (1) perishability, (2) distinctiveness, and (3) stage in the product life cycle.Of these, the product characteristic of perishability typically involves discounting the products as they approach being no longer fit for sale.

Which of the Following Product Characteristics That Affect Pricing Typically