In which step of the general pricing model do we estimate how much of a particular product the target market will purchase at various price levels?
A) Analyzing profit potential
B) Evaluating product-price relationships
C) Changing price as needed
D) Estimating costs and other price limitations

Question

Quizplus · Accepted Answer

Evaluate product-price relationships: In this step, we estimate how much of a particular product the target market will purchase at various price levels-price elasticity.

In Which Step of the General Pricing Model Do We