The Price of a Product or Service Should Be Expected

question 7

Multiple Choice

The price of a product or service should be expected to cover cost of _____________, plus a reasonable profit.

• A) production
• B) promotion
• C) distribution
• D) all of the above
• E) "A" and "B" only

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Definitions:

Tsunami

Massive waves in the ocean with lengthy wavelengths resulting from large disturbances, including earthquakes, volcanic activities, or underwater slips.

Volcanic Material

The natural products ejected by a volcano, including lava, ash, volcanic rocks, and gases.

Landslides

The movement of rock, earth, or debris down a slope due to gravity, which can be triggered by factors like rainfall, earthquakes, or human activity.

Tsunami

A series of ocean waves with very long wavelengths caused by large-scale disturbances such as earthquakes under the sea.