Price is one of the elements of

A product mix

Channels of distribution include the routes that products and services take

All of the following are price objectives except

A business may set its prices for products or services using

With cost-based pricing, a price is determined by

Businesses should always set their prices

A marketing mix is the blending of product, distribution, price, and promotion to satisfy a target market.

Demand-based pricing is usually only used by businesses that are monopolies.

With competition-based pricing, the price you charge should be the same as the price charged by competitors.

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