Which of these statements explains the term price

Asked by maham237 @ 22/12/2020 in Business viewed by 348 People

Which of these statements explains the term price? A) The money spent by a seller to advertise a product B) The money spent by a manufacturer to make a product C) The money spent by a buyer to purchase a product.

Answered by maham237 @ 22/12/2020

I believe the answer is: C) The money spent by a buyer to purchase a product.

For example, you are buyer who wanted to obtain a t-shirt. When you walk into the store, you see a really good t-shirt with a $5 price tag.
This means that in order to purchase/obtain the product you need to spent $5 worth of money for the store owner.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2747 persons

Which of these statements explains the term price

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