Final answer:
The most effective way to determine a customer's price range for an item is to ask directly about their budget.
Step-by-step explanation:
The most effective way to determine a customer's price range for an item is to ask directly about their budget. By engaging in a conversation with the customer and asking about their budget, businesses can understand their financial limitations and offer suitable options within their price range. This approach allows for an open and transparent discussion, ensuring that the customer's needs and preferences are met while staying within their budget. For example, if a customer is looking for a car and their budget is $20,000, a salesperson can focus on presenting options within that price range, avoiding wasting time on vehicles that are outside their budget.