To consumers,value is based upon:
A)the absolute monetary value of price.
B)their perceived satisfaction.
C)their ability to get discount on a product.
D)the steadiness of price over a period of time.

Question

To consumers,value is based upon:
A)​the absolute monetary value of price.
B)their perceived satisfaction.
C)their ability to get discount on a product.
D)​the steadiness of price over a period of time.

Quizplus · Accepted Answer

Value for consumers is based on their perceived satisfaction with the product or service. It is not necessarily tied to the absolute monetary value of price, ability to get discounts, or the steadiness of price over time. Ultimately, consumers determine the value of a product or service based on how well it meets their needs and expectations.

To Consumers,value Is Based Upon