Consumers rely less on price to judge the quality of a product when they ________
A) lack information about the product
B) are unable to research the product
C) have prior experience with the product
D) are unable to judge the quality of the product
E) rely on cues from sellers to differentiate a high or low price
C
You might also like to view...
A couple desperately wants to move to Pine Bend, and they like the seller's house, which is listed with a broker. The couple tells the broker they will "make it worth his while" if he can persuade the sellers to accept their offer, and they send an expensive food basket to the broker as a sign of their good faith. The broker neglects to mention this to the sellers. This practice is
a. acceptable. b. mandated. c. discouraged. d. prohibited.
The boilerplate of a press release indicates that the news should not be reported or published prior to a specific date
Indicate whether the statement is true or false