Many consumers, especially when faced with an uncertain purchase decision, think which of the following?
a. A high price is an indication that consumers are being exploited.
b. A high price will always lead to major price discounts to wholesalers and retailers that distribute it.
c. A high price is a signal of quality.
d. A high price is a sign of the company's overall market share.
Ans: c. A high price is a signal of quality.
Business
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Indicate whether the statement is true or false
Business
The face value for a share of stock, printed on the stock certificate, is the stock's:
A. Liquidation value B. Stated value C. Par value D. Book value E. None of the above
Business