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Before Setting the Final Price for a Product or Service

Question 38

Multiple Choice

Before setting the final price for a product or service, marketing managers must first


A) select an approximate price level.
B) set the list or quoted price.
C) make special adjustments to the list or quoted price.
D) add a fixed percentage to the cost of all items in a specific product class.
E) setting one price for all buyers of a product or service.

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