In General, Prices Should Not Be Based on Costs Because

question 28

Multiple Choice

In general, prices should not be based on costs because

• A)consumers are cost-conscious.
• B)producers rarely know what their costs are.
• C)consumers make their purchase decisions based on perceived value.
• D)producers need to avoid creating a cost competitive parity debate.
• E)customers are always right.

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Definitions:

Body Alignment

The optimal positioning of the body's joints and bones to promote proper function and reduce the risk of injury or strain.

Range Of Motion

The full movement potential of a joint, usually its range of flexion and extension. It's important in assessing and maintaining the flexibility and health of joints.

Activity Tolerance

Kind or amount of exercise or work that a person is able to perform.

Gait

Manner or style of walking, including rhythm, cadence, and speed.