Solved

Which of the Following Statements About Consumer Demand as a Pricing

Question 173

Multiple Choice

Which of the following statements about consumer demand as a pricing constraint is most accurate?


A) The price charged by competitors for similar offerings has little effect on the price a seller can charge,usually only if there are very few potential buyers.
B) The number of potential buyers for the product affects the price a seller can charge,but only if the product is using a push strategy in the channel.
C) The number of potential buyers for the product affects the price a seller can charge,but only if the product is a necessity item.
D) The number of potential buyers for the brand affects the price a seller can charge in the growth stage of a product life cycle,but not in the introductory stage.
E) The number of potential buyers generally affects the price a seller can charge.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions