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12th Class Business Studies Marketing Question Bank MCQs - Marketing Management

  • question_answer
    Samsung is a leading manufacturer of electronic goods across the globe. It is planning to introduce a high end smart TV in the Asian markets and is anticipating moderate demand for it. Based on these assumptions, it fixed the price of TV @ $ 1500 per TV. Which of the following factors affected the price of the TV?

    A) Utility and demand

    B) Product cost

    C) Extent of competition in the market

    D) None of the above

    Correct Answer: A

    Solution :

    [a]


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