1583MarketingMedium
The pricing strategy in which prices are based on strategies, costs, market offerings and prices of competitors is classified as?
Amarginal pricing
Bcompetition based pricing
Cdemand based pricing
Dlearning pricing
Correct answer
B. competition based pricing
Explanation
competition based pricing is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.