ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

PRICING STRATEGIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The amount of money expected, required, or given in payment for something.
A
Product
B
Price
C
Place
D
Promotion
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.

There is 1 question to complete.