Setting price of a product based on the buyer's perceptions of value rather than on the seller's cost is known as [SBI 2012]

Setting price of a product based on the buyer's perceptions of value r

1.	Setting price of a product based on the buyer's perceptions of value rather than on the seller's cost is known as [SBI 2012]
A.	Break Even Pricing
B.	Target Profit Pricing
C.	Cost Plus Pricing
D.	Value Based Pricing
E.	None of these
Answer» E. None of these

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Setting price of a product based on the buyer's perceptions of value rather than on the seller's cost is known as [SBI 2012]

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