Multiple Choice
Which of the following BEST describes customary prices?
A) prices offered at the wholesale level as an incentive to buyers to purchase a specific product
B) retail prices that consumers expect to pay as the result of social habit or tradition
C) prices that are adjusted to the different geographic areas in which the products are sold
D) prices designed to constrain the amounts sold to a level desired by government
Correct Answer:
Verified
Correct Answer:
Verified
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