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D 7. The product must be able to fill a need felt by people and must be appealing and attractive. True False D 8. In social m
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7. As per the fundamental marketing concepts Whether a physical product or service, it should fill the acceptance criteria of the target consumer and hence it should fill the needs of the people and target the people it should be attractive and appealing also. Hence the statement is True.

8. The given statement is True as price of any product may be tangible like money not the intangible thing like efforts to adopt a new idea or the product, to be paid.

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