Which of the following factors is not
Which of the following factors is not a price determinant?
Consumer's culture
Level of demand
Cost of production
Competitior's prices
Correct answer is A
The factor that is not a price determinant among the given options is the consumer's culture. While the cost of production, competitor's prices, and the level of demand are all factors that can influence pricing decisions, the consumer's culture is not typically considered a direct determinant of price. Consumer culture refers to the beliefs, values, attitudes, and behaviors of a particular group of consumers, which can influence their purchasing decisions and preferences. However, it is not directly tied to the determination of prices in a market.
A merchandiser is a person who is responsible for the___________ ...
An example of unsought goods is______ ...
An example of market facilitator is ...
Which of these steps is followed in the process of buying by an individual? I. Information search...
A company that offers storage facility to a seller is___________ ...
An individual who buys goods for personal consumption is an example of_____ ...