• 2022-06-16
    Which of the following is true with regard to price?
    A: Historically, price has had the least perceptible impact on buyer choice.
    B: Price is the least flexible element in the marketing mix.
    C: Unlike product features and channel commitments, prices cannot be changed quickly.
    D: Price is the sum of all the values that customers give up to gain the benefits of having a product.
    E: Prices only have an indirect impact on a firm's bottom line.