Describe following factors that influence pricing decisions


Discussion Board: Marketing Communication

A. Choose a product or service that you are familiar with (please use a product not previously used a previous Module).

B. Share a brief description of the product/service.

C. Describe the following factors that influence the pricing decisions for that product or service. Be sure to provide specific (and detailed) information relative to your selected product or service.

a. Price elasticity
b. Competitors
c. Economy
d. Laws and regulations
e. Product costs.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Marketing Management: Describe following factors that influence pricing decisions
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