Which of the following statements about price is true?
A)Price is a monetary value.
B)Price can mean exchange of nonmonetary goods or services.
C)Pricing is unaffected by changes in the business cycle.
D)Pricing is the least important marketing mix element.
E)Most consumers believe price has little influence on their purchase decisions.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about price is true?
A)Price is a monetary value.
B)Price can mean exchange of nonmonetary goods or services.
C)Pricing is unaffected by changes in the business cycle.
D)Pricing is the least important marketing mix element.
E)Most consumers believe price has little influence on their purchase decisions.

Which of the Following Statements About Price Is True