Which of the Following Is an Example of a Demographic

question 49

Multiple Choice

Which of the following is an example of a demographic factor that influences the pricing decision of a product?

• A)The nature of the product
• B)The reaction of potential buyers to odd pricing
• C)The prestige orientation of potential buyers
• D)The expected consumption rates of potential buyers

---

Definitions:

Transactions

Acts of buying, selling, or exchanging goods, services, or financial assets in the market.

Double Entry

An accounting principle that requires every financial transaction to be recorded in two accounts, debit and credit, to keep financial statements balanced.

Balance Sheet

A balance sheet that presents a firm's financial position, detailing its assets, liabilities, and owners' equity at a particular moment.

Current Liabilities

Short-term financial obligations of a company that are due to be paid within one year.