Consumers generally associate lower prices with higher quality.

Name: Consumers generally associate lower prices with higher quality.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Consumers do not always associate lower prices with higher quality. In fact, some consumers may associate higher prices with higher quality, while others may prioritize factors such as brand reputation or personal experience. It ultimately depends on the individual consumer and their perception of value.

Consumers Generally Associate Lower Prices with Higher Quality