Value may be perceived differently because of consumers' idiosyncratic tastes,knowledge about the service,buying power and ability to pay.

Name: Value may be perceived differently because of consumers' idiosyncratic tastes,knowledge about the service,buying power and ability to pay.
Brand: Quizplus
Rating: 4.7 (25 reviews)

Question

Quizplus · Accepted Answer

Different consumers have different preferences, knowledge and financial situations, which can affect how they perceive the value of a product or service. Therefore, value can be subjective and vary among individuals.

Value May Be Perceived Differently Because of Consumers' Idiosyncratic Tastes,knowledge