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Shkiper50 [21]
1 year ago
14

Consumers are more likely to perceive the value of a product to be less than its price tag indicates if the product's _______. a

. demand and supply attain the state of price equilibrium b. price is set too high in their minds c. demand is inelastic d. manufacturer gains very little profit from the product
Business
1 answer:
Mice21 [21]1 year ago
8 0

Consumers are more likely to perceive the value of a product to be less than its price tag indicates if the product's (B) price is set too high in their minds.

  • Consumers assume that a higher price denotes a higher quality, but they also assume that they will have to make a bigger financial investment to buy the product.
  • As a result, perceived value is the result of the trade-off between perceived quality (i.e., gain) and perceived sacrifice (i.e., loss).
  • Lower costs may help you win the sale if the customer feels like they are receiving a good deal.
  • On the other side, cheap prices could imply that the item is of subpar quality.

<h3>What is consumer perception of price?</h3>
  • Price perception is influenced by how well people comprehend and interpret price information.
  • One of the customer evaluations used to compare the level of sacrifice required to receive items and services is price perception (Zeithaml,1988).

Learn more about consumer perception of price brainly.com/question/7127830

#SPJ2

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Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sal
julsineya [31]

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

7 0
2 years ago
Z Corp. can make three individual deliveries to three different customers at a cost of $500 each or can consolidate them into on
8_murik_8 [283]

Answer:

C. No, it will increase cost by $100.

Explanation:

Z Corp. can make three individual deliveries to three different customers at a cost of $500 each

Given that:

Cost of shipment = $1300

Cost of each delivery = $500

Stop of charge = $100 per stop

Total cost if for individual delivery to three different customers = 3($500) = $1500

Since they are three different customers, the total stop charge = 3($100)

cost for consolidating them into one shipment= $1300 + 3($100) = $1300 + $300 = $1600

Therefore there is an increase in cost of $1600 - $1500 = $100

7 0
3 years ago
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<span>Like its name implies, an irrevocable trust cannot be changed or ended. Grantors who transfer their assets into such a trust are effectively gifting them to it, revoking their ownership of said assets. This trust is often used as a more tax-effective way to protect an estate.</span>
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3 years ago
These too. Again I will post more
Varvara68 [4.7K]

The answer is D




hope it helps :P


7 0
3 years ago
Labeling researchers focus on "extra legal" variables to explain differences in arrest and prosecution rates as well as entencin
Elena L [17]
True

<span>Labeling theory is a sociological and criminological theory stating that a strong, negative reaction from society to an individual's crime or misbehavior can drive that individual to be more deviant by affecting (negatively) his/her self concept and by preventing him/her from gaining access to conventional opportunities.
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Extralegal factors are those that are not covered or regulated by law. Examples of these factors or variables include gender, age, social class, race and economic status. Consciously or not, these variables can be taken as "biases" that may affect prosecution and arrest of certain individuals. 
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