flexible-price policy gives marketers __________ in setting the final price in light of demand,cost,and competitive factors.

Question

Quizplus · Accepted Answer

A flexible-price policy allows marketers to have considerable discretion in setting the final price based on factors such as demand, cost, and competition. This means that they have the flexibility to adjust the price according to changes in these factors, without being constrained by a fixed pricing strategy.

Flexible-Price Policy Gives Marketers __________ in Setting the Final Price