Although many factors can influence price,the primary determinants are:
A) costs of manufacturing and distribution
B) the demand for the good and the cost to the seller
C) demand by the consumer and perceived quality
D) distribution and promotion strategies
E) stage of the product life cycle and costs to the consumer

Question

Quizplus · Accepted Answer

The price managers set for each product depends mostly on two factors: the demand for the good or service and the cost to the seller for that good or service.

Although Many Factors Can Influence Price,the Primary Determinants Are