Multiple Choice
The marketing manager of a doll-manufacturing company is tasked with setting the price of its new range of collectible dolls.He decides to consider the psychological factors related to pricing and sets the price of each doll at $300.Which of the following questions would the marketing manager have considered when making his decision?
A) What is the discretionary income of prospective buyers of the doll?
B) Will prospective buyers relate the doll's high price to high quality?
C) Are the prospective buyers of the doll geographically clustered?
D) How many prospective buyers can afford to pay this much for a doll?
Correct Answer:
Verified
Correct Answer:
Verified
Q81: Which of the following is a primary
Q82: In the context of supply influences in
Q83: _ are discounts often offered in the
Q84: Leverage Inc.and its competitor,Allen Motors Co. ,were
Q85: In the context of retail pricing strategies,which
Q87: Which of the following is a common
Q88: Which of the following is most likely
Q89: One of the psychological factors affecting pricing
Q90: Deceptive pricing practices are outlawed under the
Q91: Which of the following is a demographic