of the following are demand-oriented approaches to selecting an approximate price level EXCEPT:

Name: of the following are demand-oriented approaches to selecting an approximate price level EXCEPT:
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Customary pricing is actually a cost-oriented approach to pricing, rather than a demand-oriented approach. It involves setting a price based on tradition, history, or the perceived value of the product or service, regardless of what the market may be willing to pay.

Of the Following Are Demand-Oriented Approaches to Selecting an Approximate