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Price Should Be Based on the Value That the Customer

question 134

True/False

Price should be based on the value that the customer perceives as giving them a good value for the product they receive.


Definitions:

Genetically Variable

Describes organisms or populations that exhibit genetic diversity, allowing for adaptation and evolution over time.

Characteristics

Features or qualities that distinguish an organism or object from others, often used to classify or identify them.

Life

Life refers to the condition that distinguishes animals, plants, and other organisms from inorganic matter, marked by growth, reproduction, and the capacity to adapt to the environment.

Plant

A living organism belonging to the kingdom Plantae, typically growing in a permanent site, absorbing water and inorganic substances through its roots, and synthesizing nutrients in its leaves by photosynthesis.

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