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Which of the Following Statements About Price Is True

Question 64

Multiple Choice

Which of the following statements about price is true?


A) Price refers to what the marketer must give up to sell a product.
B) Price communicates the economic cost to consumers for all of the product benefits combined.
C) Price is not a key aspect of the product conveyed in a promotional offer.
D) Levels of recommended ad expenditures are not relative to price.

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