Which of the following statements is most accurate?
A)For some products,price influences the perception of overall quality,and ultimately value,to consumers.
B)A consumer's view of a product's value depends almost entirely on external assessments of quality.
C)A consumer's view of value is a function of his or her education and income.
D)Price plays only a small part in a consumer's perceived value of a product or service.
E)Price plays a large role in assessing value but a very minor role in assessing quality.

Question

Quizplus · Accepted Answer

For some products,price influences the perception of overall quality,and ultimately value,to consumers.

Which of the Following Statements Is Most Accurate