Product pricing tends to be competitive in all markets because:
A)Customers have more acces to pricing information.
B)Customers have more access to information about competing products.
C)Customers have more information to leverage better prices.
D)All of the above.

Question

Quizplus · Accepted Answer

Customers have more access to information about both pricing and competing products, which gives them more leverage to negotiate better prices. This increased competition among consumers puts pressure on companies to offer competitive pricing to remain competitive in the market.

Product Pricing Tends to Be Competitive in All Markets Because