Which of the following statements describes how price relates to profit?

A. The lower the price is set, the lower the profit will be.
B. The prices a business sets for products and services help in determining the profit of the business.
C. A good or service with a high price will always have a low profit margin.
D. Prices have nothing to do with profit.

My answer is B

3 answers

I agree.

Thank you.

You're welcome.

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