Why is price elasticity of demand an important consideration when using cost-based pricing?

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Principles Of Marketing For A Digital Age

ISBN: 9781526423344

1st Edition

Authors: Tracy L. Tuten

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Question Posted: Apr 19, 2024 11:00 PM

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Why is price elasticity of demand an important consideration when using cost-based pricing?

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ANSWER Setting the Right Price Understanding price elasticity helps businesses set the right price f...View the full answer

Principles Of Marketing For A Digital Age

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