Question

Discuss the factors responsible for pricing strategy.

Answer 1

Some of the major factors influencing pricing decisions of a company are as follows: A company's price level sends signals about the quality of its products to the customer. A customer always compares the company's prices with those of its competitors. The competitors also keep an eye on the price levels of a company.

Answer 2

Explanation:

The key effects while examining price elasticity are.

a. situation effect

b. difficult examining effect

c. Either A and B

d Both A and B