Price Is the Only Element in the Marketing Mix That

question 90

Multiple Choice

Price is the only element in the marketing mix that produces ________.

• A)revenue
• B)variable costs
• C)expenses
• D)fixed costs
• E)stability

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Definitions:

Economic Advantage

The benefit gained by making a decision that results in the optimal utilization of resources, leading to a better outcome compared to other alternative decisions.

Residential Building Lot

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Insurance Benefit

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Lump Payment

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