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  3. 12th Class
  4. Business Studies
  5. Marketing

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

  • question_answer
    Name the element of marketing mix that affects the revenue and the profits of a firm.

    A) Promotion

    B) Place

    C) Price

    D) Product

    Correct Answer: C

    Solution :

    [c] Explanation: Only price is a major element of marketing mix which affects the profits and the revenue of the firma significantly.


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