In a competitive market with differentiated products like cameras,what is/are the key factor(s)affecting pricing decisions?
A)customer's willingness to pay
B)cost of producing and delivering the product
C)the price charged for alternative products
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

In a competitive market with differentiated products like cameras, pricing decisions are influenced by various factors such as customer's willingness to pay, the cost of producing and delivering the product and the price charged for alternative products. Therefore, all of the given options are correct as they play a crucial role in determining the pricing strategy for cameras in a competitive market.

In a Competitive Market with Differentiated Products Like Cameras,what Is/are