Value is the perceived relationship between:
A)quantity and food cost.
B)quantity and quality.
C)quality and specification.
D)quality and price.

Question

Quizplus · Accepted Answer

Value is often perceived as the balance between quality and price. Customers look for products or services that offer high quality at a reasonable price. Quality alone or price alone may not necessarily indicate value, but the right balance between the two can create a perception of value.

Value Is the Perceived Relationship Between