Value in Use Pricing

question 155

Multiple Choice

Value in use pricing

• A) does not vary from one product to another.
• B) sets a price that will capture some of what customers will save by substituting the firm's product for the one currently being used.
• C) merely sets the price at what customers expect to pay.
• D) sets a rather high price to suggest high quality or high status.
• E) is determined by online auctions.

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Definitions:

Operating System

An operating system (OS) is software that manages computer hardware, software resources, and provides common services for computer programs.

macOS

An operating system developed by Apple Inc. for Macintosh computers, known for its intuitive user interface and reliability.

Microsoft Windows

An operating system developed by Microsoft Corporation, providing a graphical user interface for personal computers and offering various software applications for productivity, entertainment, and internet access.

Screen Resolution

The number of distinct pixels that can be displayed in each dimension on a display screen, affecting the sharpness and clarity of the image.