The fair price for the Merrill Microwaves, manufactured by Merrill Inc, is considerably higher than its actual price of $140. Merrill Microwaves have a relative performance rating of 125. According to this data, Merrill Microwaves provides ________
A) lower-quality products at higher prices
B) superior-quality products at higher prices
C) products with very high life-cycle cost
D) relatively lower value to the customers when compared to an average relative performance rating
E) a very good value for customers, but it may be underpricing the product
E
Business
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