Lisa is working on the pricing strategy for a new line of organic baby food. She knows if it is __________, the food may be perceived as cheap; if it is ______, no one will buy it.
A) Too high; too low
B) Too economical; too flashy
C) Too flashy; too economical
D) Too low; too high

Question

Quizplus · Accepted Answer

If the price is too low, the product may be perceived as cheap or of low quality. Conversely, if the price is too high, potential customers might be deterred from purchasing it due to cost concerns.

Lisa Is Working on the Pricing Strategy for a New