Long-run pricing decisions include:
A)adjusting product mix and output volume in a competitive market.
B)pricing a one-time-only special order.
C)pricing a product in a major market in which there is some leeway in setting price.
D)None of the above.

Question

Quizplus · Accepted Answer

Long-run pricing decisions involve setting prices in markets where there is flexibility, unlike short-term decisions which focus on immediate adjustments or special orders.

Long-Run Pricing Decisions Include