Which One of the Following Is Not True with Respect

question 91

Multiple Choice

Which one of the following is not true with respect to pricing in a small business?

• A) Continual price adjustments can be both costly to the seller and confusing to buyers.
• B) In some situations, local, state, and federal laws must be considered when setting prices.
• C) Conducted properly, price determination is an exact science.
• D) Systems of discounts are often used to adjust prices to meet a variety of market needs.

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Definitions:

Double-Barreled

This term describes questions or statements that tackle more than one issue at a time, making them difficult to answer or assess accurately.

Evaluative

Pertaining to the appraisal or assessment of the value, significance, or status of a subject.

Descriptive

Pertaining to observations and analyses that aim to summarize and describe the characteristics of a dataset without making inferences or predictions.

Open-Ended

Questions or problems that allow for multiple or complex answers, encouraging a depth and breadth of response.