Which of the Following Is LEAST Likely to Be a Factor

question 73

Multiple Choice

Which of the following is LEAST likely to be a factor on which the price of a product is based?

• A)what the market will bear
• B)the amount of support provided by resellers
• C)the expected margin of profit
• D)the consumer's ability to gauge the value of the product
• E)the relative value of the product

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Definitions:

Social Needs

Human needs that relate to interaction with others, including belonging, love, and affection, often positioned as essential for psychological well-being.

Motivation Theorists

Scholars and psychologists who study and explain the psychological processes that trigger, direct, and sustain human behavior towards attaining a goal.

Internal State

The condition or situation of an individual's inner self, typically referring to mental, emotional, or physiological status.

Equilibrium

A state of balance or stability, where different elements are in harmonious or stable proportions.