A price developed in the buyer's mind through experience with the product is a(n) _____.
a. internal reference price
b. break-even point
c. trade discount
d. experience price
e. external reference price
Answer: a. internal reference price
Marketing MCQ
a. internal reference price
b. break-even point
c. trade discount
d. experience price
e. external reference price
Answer: a. internal reference price