Answer-Which pricing is based on perceived customer value?

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