Question: To answer that question, we need to go through the price setting process. The first thing we need to do is _ _ _ _

To answer that question, we need to go through the price setting process. The first thing we need to do is ___________________________________.
Response 1 of 3: Identify the pricing objective and constraints.Identify the pricing objective and constraints.
Response 2 of 3: Evaluate demand and revenue. Evaluate demand and revenue.
Response 3 of 3: Analyze the competitive price environment.Analyze the competitive price environment.

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