The "ceiling" (the highest price that can be charged) for pricing is typically provided by:
- Competitive pricing
- Cost-based pricing
- Demand-based pricing
- Channel pricing



Answer :

Answer:Competitive pricing

Explanation:

  • Competitive pricing is when a company sets its prices based on what its competitors are charging.
  • This creates a ceiling or maximum price because customers will generally not pay more for a product than what they can get from a competitor.

While other factors like cost and demand influence pricing, it's the competitive market that ultimately determines the highest price a customer is willing to pay.