Question

6. What is meant by price of goods?​

Answer 1

Answer:

Price may be defined as the exchange of goods or services in terms of money. Without price there is no marketing in the society. .

Answer 2

Answer:

Price may be defined as the exchange of goods or services in terms of money. Without price there is no marketing in the society. If money is not there, exchange of goods can be undertaken, but without price; i.e., there is no exchange value of a product or service agreed upon in a market transaction, is the key factor which affects the sales operations.

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