Marketers are viewing information not only as an input for making better decisions but also as a(n) ______________.
Important strategic asset and marketing tool
Answer:
people wants are unlimited an resources are limited
Assessing how customers in the target market evaluate price is the <u><em>second </em></u>stage in the pricing process.
A company's pricing process is the amount it asks for its goods or services. As a result, the profitability of a business is directly related to the pricing decisions it makes. A product's pricing is determined by several variables, including its cost to produce, the intensity of competition, the state of the market, and the level of quality it offers. When determining the prices of its goods and services, a company should keep in mind the requirement to recover both the direct and indirect expenses associated with production and a reasonable profit. If the selling price of a product is below the company's operating expenses, the company will go bankrupt.
When setting prices for its wares, a company employs a variety of strategies and procedures. An efficient pricing strategy is one that maximises the surplus between the producer and the customer. A company's pricing plan should be practical, adaptable, and profitable.
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A rule or a law
Hope it helps!
Answer:
correct answer is C. 25 percent
Explanation:
solution
we relate purchasing power to the purchasing of product by consumer to investor for the prosperity of economy
so we consider here price index that is = 100
and it is rise to = 125
so that purchasing power will be decrease by x to the 
and money value will be lead to %change as
money value = 
.................1
money value = 1 - 0.8
money value = 0.2
money value = 20%
so we can say that when we buy with 20% than purchase power will be fall as 25% increase in the price
so correct answer is C. 25 percent
