Economic factors such as inflation, recession, and interest rates affect pricing decisions because
A) they affect the cost of producing a product
B) they affect how much money is in supply
C) most products have an elastic demand curve
D) all of the above

Question

Quizplus · Accepted Answer

Economic factors such as inflation, recession, and interest rates affect pricing decisions because they affect the cost of producing, distributing, or marketing a product.

Economic Factors Such as Inflation, Recession, and Interest Rates Affect