Which factor affects the price of a smartphone app select all that applies a. price of a similar app B. price of a compatible phones c. price of offline activities d. time scarcity among consumers e. opportunity costs of consumers

A, C, D, E.

Did you know?

Did you know that there are several factors that can affect the price of a smartphone app? One important factor is the price of a similar app, as competition can drive prices up or down. The price of compatible phones is also a consideration, as a higher price may be justified for an app that can only run on more expensive devices. Additionally, offline activities may impact app pricing, as features that work without an internet connection may be more valuable to consumers. Time scarcity among consumers can also influence app prices, as developers may charge more for apps that provide time-saving benefits. Lastly, the opportunity costs of consumers can affect app pricing, with developers adjusting prices based on alternative apps or activities that consumers could choose instead.