Each of the following is a true statement with respect to acting as a constraint on pricing EXCEPT:
A)We are dealing with a necessity type of good.
B)The product is in the maturity stage of its product life cycle.
C)The competitive environment is an oligopoly.
D)Only factors external to the organization are valid factors.

Question

Quizplus · Accepted Answer

Factors internal to the organization such as production costs, labor costs, and overhead costs can also act as constraints on pricing.

Each of the Following Is a True Statement with Respect