Which of the following statements would most likely be spoken during Step 3 in the price-setting process?
A)"In order to break even, we will need to sell at least 500,000 units."
B)"We have to try to achieve an 8 percent profit share."
C)"The starting price should be $4.99 and we can raise the price again in six months."
D)"But, if we increase the price even by $1, how many customers will we lose?"
E)"We should probably price the extra large version somewhere between $600 and $650."

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements would most likely be spoken during Step 3 in the price-setting process?
A)"In order to break even, we will need to sell at least 500,000 units."
B)"We have to try to achieve an 8 percent profit share."
C)"The starting price should be $4.99 and we can raise the price again in six months."
D)"But, if we increase the price even by $1, how many customers will we lose?"
E)"We should probably price the extra large version somewhere between $600 and $650."

Which of the Following Statements Would Most Likely Be Spoken