Which of the Following Would Not Be a Customer Cost

question 113

Multiple Choice

Which of the following would not be a customer cost considered in determination of product value?

• A) Product's purchase price
• B) Time spent purchasing the product
• C) Effort spent purchasing the product
• D) Benefits received in the exchange for the products
• E) Risk of purchasing the product

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Definitions:

20 Years

A period or duration of two decades.

Compounded Monthly

A term referring to the calculation of interest on the initial principal and also on the accumulated interest from previous periods, computed each month.

6.2%

A percentage expressing a portion, often signifying a rate such as an interest rate, growth rate, or efficiency ratio.

2 ½ Years

A time period of two and a half years.