Which of These Statements Is Most Accurate

question 159

Multiple Choice

Which of these statements is most accurate?

• A) For some products, price influences the perception of overall quality, and ultimately value, to consumers.
• B) A consumer's view of a product's value depends almost entirely on external assessments of quality.
• C) A consumer's view of value is a function of his or her education and income.
• D) Price plays only a small part in a consumer's perceived value of a product or service.
• E) Price plays a large role in assessing value but a very minor role in assessing quality.

---

Definitions:

Multicultural Nation

A country that recognizes, incorporates, and celebrates cultural diversity among its citizens.

Racialization

The method through which communities shape racial categories as genuine, distinct, and inequitable in aspects that are significant to the economic, political, and social spheres.

Internalized Racism

The personal acceptance of racial prejudices and stereotypes toward one's own ethnic group, often as a result of societal racism and discrimination.

Thomas Theorem

A sociological theory stating "If men define situations as real, they are real in their consequences," highlighting the importance of perception in social behavior.