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1. Price is all of the following BUT: method of determining the value to the producer O method of determining the value to the consumer
1. Price is all of the following BUT: method of determining the value to the producer O method of determining the value to the consumer O one of the most important elements of the marketing mix earn a profit, steal the competition, and market share 2. Which of the following have inelastic demand: price relative to income as substitutes are more available, demand is inelastic brand loyalty the less urgent the purchase, demand becomes more inelastic
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