When the Price Is Too High, Inventories Increase

question 54

True/False

When the price is too high, inventories increase.

---

Definitions:

Sales Communication

The process of exchanging information and messages between a seller and potential or existing customers to facilitate the selling process.

Potential Buyers

Individuals or organizations that are considered likely or prospective customers for a product or service.

Advertising

Advertising is a promotional activity or strategy intended to attract public attention to products, services, or brands through various media channels.

Personal Selling

Personal selling is a direct marketing approach where salespersons use face-to-face interactions to convince potential buyers to make a purchase.