Which of the following can influence a company's pricing decisions?
A) Manufacturing costs.
B) Competitors.
C) Customer demand.
D) Pricing laws.
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

All of the options listed (manufacturing costs, competitors, customer demand, and pricing laws) can influence a company's pricing decisions. Manufacturing costs affect how low a price can be set while still making a profit, competitors' prices can dictate market expectations, customer demand can drive prices up or down, and pricing laws can set legal limits on pricing strategies.

Which of the Following Can Influence a Company's Pricing Decisions