Price is a measure of the relative value of an item for both the customer and the ___________.
A) seller
B) market characteristics
C) costs
D) owner

Name: Price is a measure of the relative value of an item for both the customer and the ___________. A) seller B) market characteristics C) costs D) owner
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Question

Quizplus · Accepted Answer

Price reflects the value of an item from both the customer's perspective and the seller's perspective, as it is a key factor in the exchange process between these two parties.

Price Is a Measure of the Relative Value of an Item