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Selecting price strategy (methods) for tesla motors Step 5: Selecting a Pricing Method Given the customers' demand schedule, the cost function, and competitors' prices, the
Selecting price strategy (methods) for tesla motors
Step 5: Selecting a Pricing Method Given the customers' demand schedule, the cost function, and competitors' prices, the company is now ready to select a price. Summarizes the three major considerations in price setting: Costs set a floor to the price. Competitors' prices and the price of substitutes provide an orienting point. Customers' assessment of unique features establishes the price ceilingStep by Step Solution
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