Price-product mechanism is the only way to bring in revenues

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Reference no: EM13956775

According to the book which of the following statements is correct?

A. the price-product mechanism is the only way to bring in revenues

B. mass merchandisers like Macy's compete on the basis of offering lower prices

C. jobbers are commonly used intermediaries in the jewelry industry

D. buyers are generally more sensitive to price increases than to price decreases

E. Two of the above

Reference no: EM13956775

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