ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The amount of money expected, required, or given in payment for something.
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Product
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Price
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Place
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Promotion
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Explanation:
Detailed explanation-1: -price / prīs/ • n. the amount of money expected, required, or given in payment for something: land could be sold for a high price | a wide selection of tools varying in price.
Detailed explanation-2: -Sometimes referred to as anticipated price level, an expected price level is the rate or price that goods and services can be reasonably expected to reach, given a specified set of economic circumstances.
Detailed explanation-3: -At its most basic, a price is the amount of money that a buyer gives to a seller in exchange for a good or a service.
Detailed explanation-4: -Another name of price is Average Revenue.
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