__________ 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

Market price refers to the price at which a product is currently being sold in the market. It is determined by various factors such as supply and demand, competition, production costs, and consumer preferences. Market price is a reflection of what customers are willing to pay for a product, and businesses often adjust their pricing strategies to ensure that their products remain competitive in the market.

__________ of a Product Is What Customers Are Generally Willing