In setting prices for products and services, managers may attempt to charge what the customer is willing to pay however, too high a price may:

Respuesta :

In setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.

What are the factors involved in setting prices?

When setting prices of goods and services, managers should consider these factors:

  • Production costs
  • Organizational goals
  • Marketing Objectives
  • Marketing Mix Strategy
  • The Market demand
  • Competitors' costs, prices, and offers
  • Price and Value perception of consumers.

Answer Options:

A. deter a customer from purchasing a product and seek alternatives

B. decrease a​ competitor's market share

C. indicate supply is too plentiful

D. increase demand and demand for the product.

Thus, in setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.

Learn more about price setting at https://brainly.com/question/2597371

#SPJ12

ACCESS MORE
EDU ACCESS