Question

"Price is affected by various factor like distribution system, quality of salesman employed, quality and amount of advertising, sales promotion efforts ,credit facility and customer services provided "which factor of price determination is highlighted in the infoset statement

Answer 1

Answer: Price  is affected by all these factors mentioned but the factor of price determination is highlighted in the statement would be quality and amount of advertising.

Explanation:

To support this factor I will give these points as follows:

1.) Manufacturing of goods is the first step but the main task comes when the product needs to reach the customer then comes advertising.

2.) Advertising is the very crucial and most important for selling a product. If a product don't have proper marketing then it will not sell and the company will face losses on whole.

3.) Quality of advertising can only be enhanced if one hire renowned actors and make a interesting advertisement.