Question

All of the following statements about price are true except a. small changes in price can have big effects on both the number of units sold and company profit. b. the price for a product or service must earn a profit for the company. c. the price for most products and services is always the same. d. the price must be "right"—in the sense that customers must be willing to pay it. e. the price must generate enough sales dollars to pay for the cost of developing, producing, and marketing the product.

Answer 1

Answer:

C. the price for most products and services is always the same.

Explanation:

A price is primarily the task of a numeric incentive to an item. Prices help us to settle on ordinary monetary choices about our needs and wants. Prices are a sign of the popularity of a product; in this manner the more well known the product, the higher the value that can be charged. For instance, on the off chance that you see a table of strap tops available to be purchased, you can securely expect that bridle tops are not prevalent.