Q. Ria refused to buy an insulated lunch box for ?1200 as she felt that the real worth of the product was much less than its monetary value. Identify the factor related to pricing decision being described in the given case.
  • (A) Cost of the product
  • (B) The utility and demand
  • (C) Government and legal regulations
  • (D) Pricing objectives
πŸ’¬ Discuss
βœ… Correct Answer: (B) The utility and demand

πŸ’¬ Discussion

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