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Pricing
?
A key to setting a final price for a product is to find a(n):
best guess price
approximates price level
gut-level price
competition price level
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
approximates price level
Related MCQs
?
The money or other considerations exchanged for the ownership or use of a good or service is known as:
?
The practice of exchanging goods and services for other goods and services rather than money is called:
?
The ratio of perceived benefits to price is equal to:
?
Price is a critical decision made by a marketing execution because price has a direct Impact on:
?
Factors that limit the latitude of prices that can be set are:
?
A higher price can usually be charged at what stage of the PLC?
?
In actual practice, research indicated that most firms change the price of their major products about:
?
The type of competitive market where the market sets the price:
?
The type of competition market where there is very little advertising:
?
Expectations that specify the role of price in a firm’s marketing and strategic plans are:
