Price Is

question 183

Multiple Choice

Price is

• A) the value assigned to the exchange of products and services for other products and services.
• B) the value judgment made by both the buyer and seller regarding an item's worth.
• C) the money or other considerations exchanged for the ownership or use of a product or service.
• D) the value assessed for the benefits of using a product or service.
• E) the highest monetary value a customer is willing to pay for a product or service.

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Definitions:

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