Price is defined as the perceived value of a good or service that is exchanged for a certain dollar amount.

Answer the following statement true (T) or false (F)


False

Price is not necessarily measured in terms of money. In bartering, other items of value may be exchanged.

Business

You might also like to view...

The ______ identifies the qualifications needed by the person who is to fill a position.

a. job analysis b. job description c. job specification d. job statement

Business

Knowledge workers need selling skills to communicate information to consumers

Indicate whether the statement is true or false

Business

The ability of people to meet deadlines communicates a message about their organizational skills

Indicate whether the statement is true or false.

Business

Packet switching does not require a dedicated circuit

Indicate whether the statement is true or false

Business