is an important element in the marketing mix.It is the only element that does not represent costs.
A)The target market
B)Product quality leadership
C)Market share leadership
D)Price
E)Profit maximization

Question

Quizplus · Accepted Answer

Price is the only element in the marketing mix that does not represent costs. It represents the amount that customers are willing to pay for a product or service. By setting the right price, a company can attract customers and generate revenue without increasing its costs. Therefore, price is an important element in the marketing mix.

Is an Important Element in the Marketing Mix