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प्रश्न
The value of the product or service expressed in terms of money is ______.
पर्याय
Tax
Rent
Income
Price
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उत्तर
The value of the product or service expressed in terms of money is Price.
Explanation:
Price refers to the monetary value assigned to a product or service. It represents what consumers must pay to acquire the product or service. Pricing is a critical element of the marketing mix and plays a significant role in influencing consumer purchasing decisions.
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संबंधित प्रश्न
What is Pricing?
Price is best defined as:
Total cost is calculated as:
Pricing based on utility and demand is founded on which economic law?
While determining price under the extent of competition factor, which aspects of competitors must be considered?
Government and legal regulation of prices is especially relevant in which market situation?
Which two time horizons of profit maximisation are considered as pricing objectives?
Surviving in competitive markets as a pricing objective is achieved through:
Product quality leadership as a pricing objective involves:
Which of the following is NOT a marketing method that affects price determination?
