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Which of the following is true of the price equation?
1. Customers are more inclined to pay additional fees than a higher list price.
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Answered! Which of the following is true of the price equation? 1. Customers are more inclined to pay additional fees than a higher list price….
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2. Extra fees are not part of the price equation.
3. The amount paid by customers is always the same as the quoted price.
4. Sellers subtract the add-on charges from the list price.
Expert Answer
Which of the following is true of the price equation?
1. Customers are more inclined to pay additional fees than a higher list price.
