"the basic function of the business is to provide a product at a price which is lower than the level of satisfaction provided by the use of product." Is it true ? How? explain....

The given statement is true. A business is creating value for the society only if the prices of the products offered by it are lesser or equal to the satisfaction provided by the use of the product. If the business is providing the goods at a higher price, than the consumers will not buy the products sold by the business. Even if the business is able to sell the goods at a higher price, it won't be able to develop a satisfied consumer base for itself. 

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