The customer perceives the value of the product to the worth the price.

Related MCQs

• Set a low price to stimulate customer traffic
• The difference between the cost price and selling price.
• A price lower than the original wholesale price--------------.
• A price lower than the original wholesale price ---------------------
• A ------------------- price policy is a form of price discrimination over time
• The price increases when demand increases and price --------------- when demand decreases
• Marketing concept address the four P’s: Product,Price,Promotion & -------------
• System design to plan, price, premol and want satisfying product to the target customers to achieve organisational goal.
• ----------------- pricing done as per customers who judge the quality of the product by its price.
• ------------- stores that sell manufactures aversuns directly to the customer