Pricing _______ products is especially challenging because little or nothing is known about consumers' perceptions of its value.
A) cost-based
B) seasonal
C) service-related
D) bundled
E) new-to-the-world

Question

Quizplus · Accepted Answer

Pricing new-to-the-world products is especially challenging because consumers have no previous experience or reference points to evaluate the value of the product.

Pricing _______ Products Is Especially Challenging Because Little or Nothing