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What are the three main factors that influence pricing decisions?

  • a)
    Cost, competition, and government policy.

  • b)
    Demand, consumer psychology, and profit.

  • c)
    Market share, sales maximization, and government policy.

  • d)
    Consumer psychology, competition, and government policy.

Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What are the three main factors that influence pricing decisions?a)Cos...
The three main factors that influence pricing decisions are consumer psychology, competition, and government policy. These factors interact to shape pricing strategies and determine the optimal pricing for a product or service.
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What are the three main factors that influence pricing decisions?a)Cost, competition, and government policy.b)Demand, consumer psychology, and profit.c)Market share, sales maximization, and government policy.d)Consumer psychology, competition, and government policy.Correct answer is option 'D'. Can you explain this answer?
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