Which of the following is an example of a demographic factor that is important to the pricing decisions made for a new type of low-fat cereal for children?
A) How many boxes of the low-fat cereal will be consumed by a household in a month?
B) What price will indicate the quality of the cereal?
C) How will price elasticity affect the pricing?
D) Will potential buyers be attracted to the cereal if its manufacturer uses odd pricing?

Question

Quizplus · Accepted Answer

Demographic factors that are particularly important for pricing decisions include expected consumption rates of potential buyers.

Which of the Following Is an Example of a Demographic