All of the following statements about price are true except
A) small changes in price can have big effects on both the number of units sold and company profit.
B) the price for a product or service must earn a profit for the company.
C) the price for most products and services is always the same.
D) the price must be "right"-in the sense that customers must be willing to pay it.
E) the price must generate enough sales dollars to pay for the cost of developing, producing, and marketing the product.
Correct Answer:
Verified
Q12: According to the price equation,final price equals
Q12: The use of "special fees" and "surcharges"
Q13: The practice of exchanging products and services
Q13: In order to deliver a product that
Q16: The use of "special fees" and "surcharges"
Q19: The money or other considerations (including other
Q20: Price refers to
A)the value assigned to the
Q20: North America's No. 1 smart TV company
Q21: To increase value the most, marketers should
A)decrease
Q22: Many cosmetology schools allow their advanced students
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