Three major influences on pricing decisions are​ ________.   A. continuous​ improvement, customer​ satisfaction, and supply   B. variable​ costs, fixed​ costs, and mixed costs   C. ​competition, demand, and production efficiency   D. ​competition, costs, and customers

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A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.