The ratio of __________ to price is referred to as value.
A) prestige rating
B) perceived benefits
C) costs
D) perceived quality
E) profits

Name: The ratio of __________ to price is referred to as value. A) prestige rating B) perceived benefits C) costs D) perceived quality E) profits
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Value is the ratio of perceived benefits to price. Prestige rating, perceived quality, costs, and profits are not directly related to value.

The Ratio of __________ to Price Is Referred to as Value