Figure 13-2 above represents the six steps in setting price."F" represents the step at which a firm would
A)set list or quoted price.
B)select an approximate price level.
C)scan competitors for prices of similar products or services
D)make special adjustments to list or quoted price.
E)establish the price range.

Question

Quizplus · Accepted Answer

In the context of setting prices, making special adjustments to the list or quoted price typically occurs after the initial price has been set, which aligns with step "F" in the process.

Figure 13-2 Above Represents the Six Steps in Setting Price