Which of the following is most likely a true statement about price?
A) Transactional buying at a low price involves a strategic relationship with the seller.
B) Features and benefits are not always related to the price of a product.
C) Lower prices are equivalent to lower costs and higher quality.
D) The highest quality can never be obtained at the lowest price.
E) Paying too much is typically worse than paying too little.
D
You might also like to view...
Sally grants an easement over her land to Bill so he can access his land. The easement is recorded. Bill then buys Sally's land and later sells it to Martha without disclosing the existence of the easement. Bill ceases to use the easement for a period greater than five years. When Bill later attempts to use the easement, Martha objects. What is the outcome of this scenario?
a. The easement was lost when Bill purchased Sally's land. b. The easement was lost by five years' nonuse. c. Martha must allow Bill access his property. d. Bill may occupy the property under the theory of adverse possession.
An example of a staggered markdown policy is a(n) _____
a. automatic markdown plan b. price adjustment policy c. late markdown policy d. early markdown policy