Typically, the price a firm charges for a good or service is: A. less

QUESTION

Typically, the price a firm charges for a good or service is:

A. less than the value placed on that good or service by the customer.

B. more than what customers assume it would be.

C. more than the market price for similar goods or services.

D. the same as the value placed on that good or service by the customer.

E. less than the lowest priced similar good or service in the market.

ANSWER

A