The __________ of a product is what customers are generally willing to pay.
A)customary price
B)asking price
C)target price
D)discount price
E)market price

Question

Quizplus · Accepted Answer

The market price refers to the prevailing price at which a product is sold in the market, which is generally determined by the forces of supply and demand. This is the price that customers are willing to pay for a product, based on their perceived value and the price points of similar products in the market.

The __________ of a Product Is What Customers Are Generally