Asked by
Candela del Barrio Rodríguez
on Dec 15, 2024Verified
Which of these pricing techniques is most sensitive to customers' responses to price?
A) cost-plus percentage-of-cost pricing
B) target pricing
C) experience-curve pricing
D) cost-plus fixed-fee pricing
E) standard markup pricing
Customers' Responses
Feedback or reactions of customers to a product, service, or interaction with a business.
- Discern the variations among pricing methodologies related to demand, cost, profitability, and market competition.
- Gain insight into the notion of price sensitivity and its influence on the viability of specific pricing strategies.
Verified Answer
SG
Learning Objectives
- Discern the variations among pricing methodologies related to demand, cost, profitability, and market competition.
- Gain insight into the notion of price sensitivity and its influence on the viability of specific pricing strategies.
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