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Which One of the Following Is Not True with Respect

Question 71

Multiple Choice

Which one of the following is not true with respect to pricing in a small business?


A) Continual price adjustments can be both costly to the seller and confusing to buyers.
B) In some situations, local, state, and federal laws must be considered when setting prices.
C) Conducted properly, price determination is an exact science.
D) Systems of discounts are often used to adjust prices to meet a variety of market needs.

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