When responding to consumer complaints about high prices,marketers often explain that consumers do not understand the costs involved that justify the prices.

Question

Quizplus · Accepted Answer

This is true, as marketers often try to justify their high prices by explaining the costs involved in production, marketing, and distribution. They may also emphasize the value and quality of their products or services as reasons for the higher prices.

When Responding to Consumer Complaints About High Prices,marketers Often Explain