Price competition occurs when a seller emphasizes the
A) low price of a product.
B) high price of a product.
C) quality of a product.
D) quality of the customer service.
E) importance of the product.

Question

Quizplus · Accepted Answer

Price competition occurs when a seller emphasizes the low price of a product, as they are trying to attract customers by offering a lower price compared to their competitors.

Price Competition Occurs When a Seller Emphasizes the