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Which of the Following Statements Is True

Question 268

Multiple Choice
Which of the following statements is true?
A)Input prices are one of the success factors that firms can control.
B)Consumers will buy a product only if its price is below that of its competitors.
C)Consumers will buy a product only if it meets a need not met by competing products.
D)Sheer chance often plays a significant role in the success or failure of a business.

Which of the following statements is true?


A) Input prices are one of the success factors that firms can control.
B) Consumers will buy a product only if its price is below that of its competitors.
C) Consumers will buy a product only if it meets a need not met by competing products.
D) Sheer chance often plays a significant role in the success or failure of a business.

Correct Answer:

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