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During a recession, how might economic conditions affect pricing decisions?a)Prices are increased to maximize profits.b)Prices are set based on consumers' purchasing power.c)Prices are lowered to attract price-sensitive consumers.d)Prices remain unchanged regardless of economic conditions.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about During a recession, how might economic conditions affect pricing decisions?a)Prices are increased to maximize profits.b)Prices are set based on consumers' purchasing power.c)Prices are lowered to attract price-sensitive consumers.d)Prices remain unchanged regardless of economic conditions.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for During a recession, how might economic conditions affect pricing decisions?a)Prices are increased to maximize profits.b)Prices are set based on consumers' purchasing power.c)Prices are lowered to attract price-sensitive consumers.d)Prices remain unchanged regardless of economic conditions.Correct answer is option 'C'. Can you explain this answer?.

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