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A price searcher a.is a seller that searches for the best location at which to sell its product. b.is a seller that has the ability to control to some degree the price of the product it sells. c.faces a horizontal demand curve. d.faces a perfectly elastic demand curve. e.c and d

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Answer:

b.is a seller that has the ability to control to some degree the price of the product it sells.

Step-by-step explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

One of the importance associated with the pricing of products is that, it improves the image of a business firm.

A price searcher is a seller that has the ability to control to some degree the price of the product it sells due to his or her sufficient marketing power.

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

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