Many Consumers Use Price as an Indicator of ________

question 91

Multiple Choice

Many consumers use price as an indicator of ________. Image pricing is especially effective with ego-sensitive products such as perfumes and expensive cars.

• A) quality
• B) size
• C) status
• D) capability
• E) ability

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Definitions:

Behavior

The actions or reactions of an organism, often in relation to the environment, including the mannerisms and actions of individuals.

Subjective Terms

Refers to language or descriptions that are influenced by personal feelings, opinions, or interpretations rather than objective facts.

Self-fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

Physical Disabilities

Impairments that substantially limit one or more of an individual's major life activities, involving the body or physical function.