Which One of the Following Statements Is FALSE

question 339

Multiple Choice

Which one of the following statements is FALSE?

• A) There is an inverse (negative) relationship between product price and quantity supplied.
• B) There is some price at which quantity supplied of a product is zero.
• C) As product price increases, producers are willing to put more of the good on the market for sale.
• D) In order to entice producers to offer more of a product on the market for sale, product price must rise.

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Definitions:

Strong Selling Points

Key attributes or advantages of a product, service, or proposal that make it attractive to potential buyers or supporters.

Volume Discounts

A pricing strategy where the price per unit of goods or services decreases as the quantity purchased increases.

Total Price

The complete cost of a product or service, including all taxes, fees, and additional charges.

Audience Needs

The requirements or expectations of the audience that need to be met by the content or presentation for effective communication.