Multiple Choice
A bakery has to set the price of its sourdough bread.Which of the following is a psychological factor relevant to the pricing decision of the baker?
A) How many loaves of bread will a potential buyer consume every month?
B) Are the orders coming from households or sandwich shops?
C) Will a low price indicate inferior quality to a potential buyer?
D) How many potential buyers for sourdough bread are out there?
Correct Answer:
Verified
Correct Answer:
Verified
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