What is the main factor that has led to the fact that consumers may not necessarily view lower priced products as lower priced?
A)less competition has led to higher prices.
B)less competition has led to lower prices.
C)intense competition has led to lower costs
D)lower costs has led to intense competition

Question

Quizplus · Accepted Answer

Intense competition often drives companies to reduce costs, which can lead to lower prices for consumers. However, consumers may not perceive these products as lower priced due to other factors such as perceived value, brand reputation, or marketing strategies.

What Is the Main Factor That Has Led to the Fact