Which of the following is an external factor that affects pricing decisions?
A) the salaries of production management
B) demand
C) the salaries of finance management
D) funds expensed to clean production equipment
E) A, B, and C

Question

Quizplus · Accepted Answer

Demand is an external factor that affects pricing decisions, as it influences how much customers are willing to pay for a product or service. The salaries of production management and finance management, as well as funds expensed to clean production equipment, are internal factors that may affect the cost of producing a product but do not directly impact the pricing decision.

Which of the Following Is an External Factor That Affects