Which of the Following Statements About Price Is True

question 144

Multiple Choice

Which of the following statements about price is true?

• A)Price is a monetary value.
• B)Price can mean exchange of nonmonetary goods or services.
• C)Pricing is unaffected by changes in the business cycle.
• D)Pricing is the least important marketing mix element.
• E)Most consumers believe price has little influence on their purchase decisions.

---

Definitions:

Paragraph

A distinct section of writing typically dealing with a single theme, marked by a new line and indentation.

Topic Sentence

A sentence that summarizes the main idea of a paragraph or section, often found at the beginning to provide a clear focus.

Coherence

The logical and orderly presentation of ideas in a text or speech, which enhances understandability and flow.

Transitions

Movements, passages, or changes from one state, condition, subject, place, etc., to another.