Question

Margaret has been invited to a fancy dinner party and wants to bring a good bottle of wine as a gift for the host. Because she does not know much about​ wine, she will likely use the price of the wines as​ a(n) __________.

Answer 1

Margaret was welcomed to dinner party and as a gift to the host she intends to bring a bottle of good wine. Since she knows little about wine, she is probable to use the wine cost as a quality indicator.

Step-by-step explanation:

Margaret was welcomed to dinner party and as a gift to the host she intends to bring a bottle of good wine. Since she knows little about wine, she is probable to use the wine cost as a quality indicator.

Price is taken as the one of the easiest way to distinguish between the good and bad quality product. good quality product is always be costlier than poor quality because it include number of process to gain the fine quality

Answer 2

Indicator

Step-by-step explanation:

In buying goods and gifts, buyers normally are impressed or depressed by the price tag. Hence, a given price of a product is the hallmark of its standard and use. Since she Margret doesn't know anything about wine she decides to go by the price-tag theory; the more the price the better the wine. For Margret price of wine is sole criterion for buying since it is buying indicator which she can believe. Price indicates the quality of a product which moves the purse of a buyer. As an ignorant buyer, Margret would choose a wine which must be good and under her capacity to buy, and therefore, she would search accordingly.