In a typical business, the firm's overall demand would be influenced by interactions of pricing policies and:
A) the company's reputation.
B) the quality of goods and services offered.
C) competing goods and services.
D) advertising and promotional campaigns.
E) all of these factors.

Question

Quizplus · Accepted Answer

All of these factors (pricing policies, the company's reputation, quality of goods and services offered, competing goods and services, advertising and promotional campaigns) can influence a firm's overall demand. Factors such as pricing, reputation, and quality can make the firm's offering more or less attractive to customers, while competing goods and services can draw customers away. Advertising and promotional campaigns can also influence customer awareness and interest in the company's offering.

In a Typical Business, the Firm's Overall Demand Would Be