Question: When using competition - oriented pricing approaches, price setters stress what the market is doing what consumers are willing to pay, based on current preferences

When using competition-oriented pricing approaches, price setters stress
what "the market" is doing
what consumers are willing to pay, based on current preferences
covering costs for producting or delivering a product
a balance of revenues and costs to achieve a set target
When using competition-oriented pricing approaches, price setters stress what "the market"

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