Question: Identify a true statement about the pricing of services. Multiple choice question. Services are always priced by adding a negligible markup to the cost. Price

Identify a true statement about the pricing of services.
Multiple choice question.
Services are always priced by adding a negligible markup to the cost.
Price reductions always have a positive effect on sales.
Customers perceive high prices as indicators of quality.
Customers perceive low-contact services as being the best services.

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