Which of the Following Statements Regarding Price Changes Is Most

question 161

Multiple Choice

Which of the following statements regarding price changes is most accurate?

• A)Product prices should change monthly, whereas services prices should change quarterly.
• B)Changing a product's price too frequently creates antagonism among consumers, yet changing prices too infrequently makes them feel the company is not improving its product or service sufficiently.
• C)Supermarkets should change their prices every week since customers are expecting new prices in the weekly flyers they receive in the mail.
• D)Companies selling products over the Internet can instantly change their prices whenever the need arises.
• E)Internet price changes are regulated by the Internet Fair Practices Act to protect consumers against price gouging.

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Definitions:

Adjustment Messages

Communications that respond to a complaint or request, aiming to resolve a problem or issue.

Complaint Messages

Complaint messages are communications that express dissatisfaction, grievances, or problems seeking resolution, acknowledgement, or redress.

Anticipating Opposition

The process of predicting and addressing potential objections or challenges to one's position or proposal.

Well-Reasoned Arguments

Claims or positions supported by logical reasoning and evidence, making them persuasive and compelling in discourse.