Which of the Following Is NOT a Basic Value Position

question 71

Multiple Choice

Which of the following is NOT a basic value position?

• A) A product could be priced relatively high for a product class because it offers value in the form of high quality.
• B) A product could be priced at about average for the product class because it offers value in the form of good quality for a reasonable price.
• C) A product could be priced relatively low for a product class because it offers value in the form of acceptable quality at a low price.
• D) A product could be priced low for a product class because it offers value in the form of high quality at a substantially low price.

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Definitions:

Warm Current

A current of warmer ocean water that moves away from the equator towards the poles, influencing the climate of the regions it flows through.

Ocean Currents

Streams of seawater that move through the earth's oceans in a regular pattern, influenced by wind, salinity, and temperature differences.

Cold Current

A mass of seawater that moves from higher to lower latitudes, typically colder than the surrounding waters and influencing local climates.

Arid Lands

Regions characterized by a severe lack of available water, to the extent of hindering or preventing the growth and development of plant and animal life.