SOFTWARE PROJECT MANAGEMENT
QUALITY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ is the amount of money customers must pay to obtain the product.
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Product
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Price
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Production
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None of the above
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Explanation:
Detailed explanation-1: -The answer is (a) price. Price represents the money paid to acquire a product or service. The price is ascertained through the market forces of supply and demand.
Detailed explanation-2: -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.
There is 1 question to complete.