$9$

Multiple Choice

$0$:$5$ points

Why is price important to an organization and consumers?

If the price of a product or service is low consumers may think the product$/$service is of poor quality

Businesses want their products$/$services to be at a certain price so they receive revenue back from their products$/$services

Even though the price of a particular product may be high, consumers may still determine the product$/$service to be of high quality, specifically because of the item's price

All of the above