New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    Prices in vending machines tend to be higher because:

    A machines are placed in high demand areas Correct Answer Incorrect Answer
    B maintenance and operating costs are high. Correct Answer Incorrect Answer
    C only small unit volume items are sold. Correct Answer Incorrect Answer
    D customary pricing requires certain coin amounts regardless of markup. Correct Answer Incorrect Answer

    Solution

    Maintenance and operating costs are high so product prices tend to be higher in vending machines than in retail outlets.

    Practice Next