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Why is price often considered a powerful tool in marketing management?a)Price determines the cost of production.b)Price is the sole determinant of product profitability.c)Price has a direct impact on consumers' purchasing power.d)Price affects various aspects of the marketing mix and business outcomes.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why is price often considered a powerful tool in marketing management?a)Price determines the cost of production.b)Price is the sole determinant of product profitability.c)Price has a direct impact on consumers' purchasing power.d)Price affects various aspects of the marketing mix and business outcomes.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is price often considered a powerful tool in marketing management?a)Price determines the cost of production.b)Price is the sole determinant of product profitability.c)Price has a direct impact on consumers' purchasing power.d)Price affects various aspects of the marketing mix and business outcomes.Correct answer is option 'D'. Can you explain this answer?.

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