BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The money a customer must pay for a product or service.
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price
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retailer
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merchandising
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promotion
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Explanation:
Detailed explanation-1: -Price is what the customer pays for the product or service. Cost is the seller’s investment in the product or service that’s subsequently sold.
Detailed explanation-2: -Customer cost refers not only to the price of a product, but it also encompasses the purchase costs, use costs and the post-use costs.
There is 1 question to complete.