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Price May Be a Core Value Proposition Offered by Some

question 43

Multiple Choice

Price may be a core value proposition offered by some businesses. In these cases, organizations employ a combination of cost management, yield management and _______ pricing.


Definitions:

Died Testate

A legal term referring to a person who has died leaving a valid will.

Testator

One who makes a valid will.

Maker Of A Will

Person who creates a legal document that outlines how their property should be distributed upon their death.

Perfect Substitutes

Goods or services that can be used in place of each other with no loss of utility to the consumer.

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