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Marketing

Chapter 7

QuestionAnswer
What is Price? Giving up in an exchange to acquire goods or service
What is typically exchanged? Money is typically exchanged to acquire goods or service
What is variable costs? Costs that will vary based upon the number of products produced
What is the price charged to costumers multiplyed by the number of units sold? Revenue
Revenue - expenses equals profit
Created by: yoitsbella
Popular Marketing sets

 

 



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