Which of the following is LEAST likely to be a factor on which the price of a product is based?
A) what the market will bear
B) the amount of support provided by resellers
C) the economic well-being of the consumer
D) the consumer's ability to gauge the value of the product
E) the relative value of the product

Question

Quizplus · Accepted Answer

While the amount of support provided by resellers may impact the availability and accessibility of a product, it is not typically a primary factor on which the price of the product is based. Other factors such as market demand, production costs, and perceived value to the consumer are generally more important.

Which of the Following Is LEAST Likely to Be a Factor