Underpriced products ________.
A) produce less revenue than they would if they were priced at the level of perceived value
B) sell poorly in the global marketplace
C) produce more revenue than they would if they were priced at the level of perceived value
D) mostly offer higher value than those with a high markup price
E) are characterized by rapidly declining demand

Question

Quizplus · Accepted Answer

Underpriced products are priced lower than the perceived value, which means that they can produce less revenue than they should. Customers might perceive that the product is not of high quality, which can lead to low demand and sales.

Underpriced Products ________