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Terry

0450-18-M-J-12-1c

Chan

TOPIC QUESTION - PAPER 1

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Chan

May 17, 2026 at 7:36:21 AM

May/June 2018

Version 2

3.0 Marketing

3.3 Marketing Mix

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YOUR ANSWER

Reason 1: Increase revenue
Explanation: If price is too high, customers may not want to take dance lessons from Adele's dance school
Reason 2: Ensure a profit
Explanation: If price is too low, Adele may not receive a salary from profits.

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ANSWER SCHEME

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