Which of These Statements About Consumer Demand as a Pricing

question 83

Multiple Choice

Which of these statements about consumer demand as a pricing constraint is most accurate?

• A) The price charged by competitors for similar offerings has little effect on the price a seller can charge unless there are very few potential buyers.
• B) The number of potential buyers for the product affects the price a seller can charge, but only if the product is using a push strategy in the channel.
• C) The number of potential buyers for the product affects the price a seller can charge, but only if the product is a necessity item.
• D) The number of potential buyers for the brand affects the price a seller can charge in the growth stage of a product life cycle, but not in the introductory stage.
• E) The number of potential buyers generally affects the price a seller can charge.

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