demand-based pricing |
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Definition
Method in which consumer response to various price points in a range of prices is analyzed to arrive at the highest acceptable price. Also called value oriented pricing.
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demand-based pricing is in the Accounting & Auditing, Advertising, Marketing, & Sales, Decision Making, Problem Solving, & Strategy and Purchasing & Procurement subjects.
demand-based pricing appears in the definition of the following term: value oriented pricing
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