Answer-Which pricing is based on perceived customer value?

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Detailed Concept Explanation  Value-based pricing sets price according to customers perceived value, not cost.  Example in banking   Premium credit cards priced higher due to lounge access  concierge services   This approach maximises profitability when differentiation exists.  Why other options are NOT correct   A. Cost-based pricing Cost  margin  C. Competition-based pricing Matches competitor prices  D. Penetration pricing Low price to enter market quickly

Which pricing is based on perceived customer value?

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