The reason that higher prices may not affect consumer buying is _______________. | Faculties

V

Vikash Gupta

🎓 Tutor III ⭐ 33.56K Points

📊 Consumer Behaviour

Q. The reason that higher prices may not affect consumer buying is _______________.

(A) Most consumers prefer brand names which have higher prices
(B) 70% of the total population looks for quality services and is willing to pay higher prices
(C) Consumers believe that higher prices indicate higher quality or prestige
(D) Most consumers feel that the price is actually affordable

💬 Discuss

✅ Correct Answer: (C) Consumers believe that higher prices indicate higher quality or prestige

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

371

Total Visits

📽️

1 y ago

Published

🎖️

Vikash Gupta

Publisher

📈

90%

Success Rate