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Match the Definition with the Term

question 7

Multiple Choice

Match the definition with the term.
-act psychology


Definitions:

Quantity Sold

The total number of units of a product or service that have been sold within a specific time period.

Perceived Benefits

The advantages or positive outcomes that consumers believe they will receive from a product or service.

Price-Quality Relationship

The perceived correlation between the price of a product and its quality, where higher-priced items are often believed to be of better quality.

Reference Value

A benchmark or standard used for comparison in evaluating the performance or quality of something.

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