2. Questions Bank
  3. 12th Class
  4. Business Studies
  5. Marketing

12th Class Business Studies Marketing Question Bank Topic - 4 MCQs - Price

  • question_answer
    Name the regulator of the demand of a product or a service.

    A) Price

    B) Place

    C) Promotion

    D) People

    Correct Answer: A

    Solution :

    [a] Explanation: Price is used as the regulator of the demand of a product. A firm cannot launch a product without fixing its price.


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