Consumers Use Price Less to Judge the Quality of a Product

question 18

Short Answer

Consumers use price less to judge the quality of a product when they ________.
lack information
lack skills to use the product
have experience with the product
are shopping for a specialty item
cannot physically examine the product

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Definitions:

Decreases

A reduction in size, amount, extent, or number.

Thermal Energy

The internal energy present in a system due to its temperature, associated with the random motion of molecules.

Higher Temperature

A condition of increased heat in a given environment or system, often affecting physical states, chemical reactions, and biological processes.

Kilocalories

A unit of energy commonly used to measure the energy content of food, equal to 1,000 calories.