All of the following are examples of pricing constraints EXCEPT: A)cost of producing the product. B)competitors' prices. C)newness of the product (stage in its life cycle). D)social responsibility. E)demand for the product class,product,or brand.

Question

Quizplus · Accepted Answer

The cost of producing the product, competitors' prices, newness of the product, and demand for the product class, product, or brand are all examples of pricing constraints. However, social responsibility is not a pricing constraint, but rather a consideration that companies may choose to take into account when setting prices.

All of the Following Are Examples of Pricing Constraints EXCEPT