A Price Developed in the Consumer's Mind Through Experience with the Product

question 61

Multiple Choice

A price developed in the consumer's mind through experience with the product is called a(n)

• A) external reference price.
• B) value-price guideline.
• C) frame of reference.
• D) internalized price.
• E) internal reference price.

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Definitions:

Touch

A sensation perceived through the skin, primarily enabled by mechanoreceptors, responding to mechanical pressure or distortion.

Polyandrous

Refers to a mating system in which a female has more than one male partner at a time.

Multiple Mates

A breeding strategy where an individual has more than one mate within a single breeding cycle, often for genetic diversity and reproductive success.

Females Only

A term referring exclusively to individuals of the female sex or gender, depending on the context in which it is used.