The following statement is a(n) what do customers feel is a fair price for the new product?
hypothesis
problem
experiment
theory

Explanation:

It's a problem - a problem originates when a question is asked. In this case, we have come up with a problem that needs a solution:

1. - We'll experiment in order to come up with a hypothesis (a not-valid-yet answer of what the solution to our problem is).

2. - After a series of experiments that either prove or prove our hypothesis wrong, we'll be able to come up with a theory (a valid but still discussable final hypothesis of what the solution to our problem is).

C. / 3 - Problem.

Hope it helped,

BioTeacher101