Traditional demand curve economic theory is used by marketers to understand _______ in the five Cs of pricing.
A) competitors
B) channel members
C) cost
D) customers
E) company objectives

Question

Quizplus · Accepted Answer

Traditional demand curve economic theory is focused on understanding customer behavior and the relationship between price and quantity demanded. Therefore, it is most useful for understanding the customer component in the five Cs of pricing.

Traditional Demand Curve Economic Theory Is Used by Marketers to Understand