Which of the following factors that influences pricing decisions pertains to the expected consumption rates,the location,and the position of potential buyers?
A)Psychological factors
B)Environmental factors
C)Demographic factors
D)Price elasticity

Question

Quizplus · Accepted Answer

Demographic factors relate to the characteristics of potential buyers, such as their expected consumption rates, location, and socioeconomic status, which can influence pricing decisions by determining the target market's ability to purchase and preference for certain products.

Which of the Following Factors That Influences Pricing Decisions Pertains