Which of the following statements does not apply to the description of​ prices?

Which of the following statements does not apply to the description of​ prices?



A.

Pricing is the​ number-one problem facing many marketing executives.

B.

Price is the amount of money charged for a product or a service.

C.

Price remains one of the most important elements that determine a​ firm's market share.

D.

In recent decades price factors have gained increasing importance.

E.

​Historically, price has been the major factor affecting buyer choice.



Answer: D


Learn More :

Marketing

Learn More Multiple Choice Question :