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Consumers May Assume That a Low Price Indicates Low Quality

question 45

True/False

Consumers may assume that a low price indicates low quality.

Understand the variety of revenue models used by businesses.
Recognize the relationship between business models and revenue generation.
Identify specific revenue models from given business scenarios.
Distinguish between tangible and intangible revenue models.

Definitions:

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Twins who are genetically identical because they were fertilized from one zygote that split into two, sharing exactly the same genetic material.

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The branch of biology that deals with heredity and variation in organisms.

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The extent to which objects or individuals share a similar mass or heaviness, often considered in comparison or categorization tasks.

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Sleep deprivation refers to the condition of not having enough sleep, which can negatively affect cognitive functions, mood, and overall health.

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