The maximum selling price that a firm can sustain for a product is determined by:

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Transfer price is selling price:
Posted by:
Ahmed kandil
22-April-2015

a) What it costs to produceb) Competitors' pricesc) What customers are prepared to pay for itd) Competitive parity

Business Development Management

Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/02/27

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5 Answers

Tamer Elbeshbishy

by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

All of that are factors of price setting. However C is preferable in this case

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Wasi Rahman Sheikh

by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

OPTION C) ANSWER<<<<<<<<<<<<<<<<

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karokora emmanuel

by karokora emmanuel , Senior Sales Associate and couch buddy , Landmark group

The price elasticity of demand highly determines maximum selling price of a product.

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by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

The right answer is

c) What customers are prepared to pay for it

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by Vinod Jetley , Assistant General Manager , State Bank of India

c) What customers are prepared to pay for it

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