A flexible-price policy give sellers __________ in setting the final price in light of demand, cost, and competitive factors.
A)no leeway
B)complete freedom
C)little discretion
D)considerable discretion
E)collaborative authority

Question

Quizplus · Accepted Answer

A flexible-price policy allows sellers to be flexible with the final price based on various factors such as demand, cost, and competition. This means that sellers have considerable discretion in setting the price, based on their own analysis and judgment.

A Flexible-Price Policy Give Sellers __________ in Setting the Final