Which of the following statements is False about the factors that affect pricing decisions? 1-Information about production variances on the product may affect pricing. 2-Information about competitors' technologies is useful for pricing decisions. 3-Fluctuations in prices paid for direct materials may affect pricing decisions. 4-Price increases of a substitute product do not affect pricing decisions.

Answer rating: 100% (QA)

Answer Price increases of a substitute product do not affect pricing decision Explanation Price is t... View the full answer