Multiple choice

In General, Most of the Marketing people believe that, Pricing plays a vital role at macro and micro levels of the economy of any country. Which of the following point does NOT support this statement?

  1. Price regulates demand

  2. Quality of the product is important than its Price

  3. Price is competitive weapon

  4. Price is the determinant of profitability
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The statement emphasizes pricing's vital role in the economy. Option A supports this by stating price regulates demand, option C shows price is used as a competitive weapon, and option D indicates price determines profitability. Option B contradicts the statement by suggesting quality matters more than price, which does NOT support pricing's vital role in the economy.

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