Question

why price considerd to be one of the most flexible elements of the marketing?

Answer 1

Answer:

Price is the only element in the marketing mix that produces revenue; all other elements represent costs. Price is also one of the most flexible marketing mix elements. Unlike product features and channel commitments, prices can be changed quickly.

Answer 2

Answer:

yes price is one of the flexible element

Explanation:

pric is flexible because the amount that we have to give or take depends upon us u some cases..we can just fix it by our own as per our convenience!