Price is a measure of what the customer must exchange to obtain goods and services and is an indicator of value to the customer.

Name: Price is a measure of what the customer must exchange to obtain goods and services and is an indicator of value to the customer.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Price represents the amount a customer is willing to pay in exchange for a product or service, and it is generally viewed as an indicator of the value that the customer places on the offering. Therefore, the statement is true.

Price Is a Measure of What the Customer Must Exchange