Which of the following economic factors does not have a strong impact on a firm's pricing strategy?
A)an economic boom
B)the reseller's reaction to price changes
C)an economic recession
D)inflation
E)interest rates

Question

Quizplus · Accepted Answer

While reseller's reactions to price changes can influence a firm's pricing strategy to some extent, it does not have a strong impact compared to factors like economic booms or recessions, inflation, and interest rates. Other factors such as supply and demand, production costs, and competition may also have a stronger impact on a firm's pricing strategy.

Which of the Following Economic Factors Does Not Have a Strong