Economics · Pricing Strategies
Indicate the correct code for the factors taken into consideration for product line pricing: (i) Demand relationships of different products (ii) Competitive situation in the product market (iii) Advertising endeavors for different products (iv) Cost estimates for various products
- 1Only (i), (ii) and (iii)
- 2Only (ii), (iii) and (iv)
- 3Only (i), (ii) and (iv)✓
- 4Only (ii) and (iii)
Correct answer
Only (i), (ii) and (iv)
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