Solved

Which of the Following Statements About Pricing Is True

Question 11

Multiple Choice

Which of the following statements about pricing is true?


A) Most consumers believe price has little influence on their purchase decisions.
B) Pricing is unaffected by changes in the business cycle.
C) Pricing is the least important marketing mix element during a recession.
D) Consumers rate 'reasonable price' as the most important consideration in purchase decisions.
E) All of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents