Sales volumes of products and services are largely determined by __________,which is also a major determinant of profit.
A)price
B)advertising
C)customer service
D)e-commerce

Question

Quizplus · Accepted Answer

Price is a major factor in determining sales volumes because customers often base their purchasing decisions on the price of a product or service. The price point can affect the perceived value of the product and also influence its market demand. Additionally, price is a major determinant of profit as it directly impacts revenue and expenses.

Sales Volumes of Products and Services Are Largely Determined by __________,Which