asked 21.8k views
1 vote
Please help me!

What is meant by the phrase "charging whatever the market will bear"?

A. You should keep raising prices until business drops off.
B. You have to undercut your competition.
C. Customers believe that higher prices mean better quality.
D. Your price can't be more than customers are willing to pay.

asked
User EpicAdv
by
7.8k points

2 Answers

4 votes
D is the correct answer

answered
User Lascoff
by
7.7k points
5 votes
It is D. Hope this helps
answered
User Lchachurski
by
8.9k points
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