Question

multiple choice question
four approaches used to set ______ are oriented around demand, cost, profit, and competition.
target markets
production objectives
approximate price levels
promotional allowances

Explanation:

Pricing strategies often consider demand, cost, profit, and competition. Target markets relate to customer - groups, production objectives to output goals, and promotional allowances to marketing incentives. Approximate price levels are set using these four factors.

Answer:

C. approximate price levels