Most consumers realize that the quality of diamonds varies,and most believe the higher the price of a diamond,the higher its quality.This is an example of price influencing the perception of overall quality and therefore ________ to consumers.
A) acceptable cost
B) perceptual investment
C) barter potential
D) return on investment
E) value
Correct Answer:
Verified
Q20: Price refers to
A)the value assigned to the
Q21: A reference value involves comparing the costs
Q22: Suppose you want to buy a Tesla
Q23: The ratio of _ to price is
Q24: In the purchase of the sugar substitute
Q24: The practice of simultaneously increasing product and
Q30: A major grocery chain pays its baggers
Q32: If you know the contents and price
Q34: When Pizza Hut announced it was going
Q39: The ratio of perceived benefits to price
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