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Fone IncIs About to Launch the Latest Version of Its Smartphone

Question 2

Multiple Choice

Fone Inc.is about to launch the latest version of its smartphone.As part of its pricing strategy,it is analyzing the economic strength of its potential buyers.Which of the following factors influencing pricing decisions is Fone concerned with?


A) Psychological factors
B) Environmental factors
C) Demographic factors
D) Price elasticity

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