Competition-based pricing is
A) used when costs and revenues are considered secondary to competitors' prices.
B) not useful as a method of increasing or maintaining market share.
C) of little use if the competing products are homogeneous.
D) not able to increase sales.
E) most often used when competing products are homogeneous.

Question

Quizplus · Accepted Answer

Competition-based pricing is used when costs and revenues are considered secondary to competitors' prices.

Competition-Based Pricing Is