Which of the Following Is a Psychological Factor That Might

question 30

Multiple Choice

Which of the following is a psychological factor that might be important to pricing decisions?

• A) How many loaves of bread will a potential buyer consume every month?
• B) Are the consumers organizational buyers or final consumers?
• C) Will a low price indicate inferior quality to the potential buyer?
• D) How many potential buyers for bread mixes are there?

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Definitions:

Assembly Departments

Sections within a manufacturing facility where components are assembled into final products.

Residual Income

The income that an individual or business has after all expenses and costs, including capital costs, have been subtracted.

Investment Opportunity

A potential financial venture, project, or mechanism expected to yield returns or benefits.

Required Rate of Return

The minimum yearly return percentage required to attract individual or corporate investors to a specific security or project.