Register
TRUE or FALSE: If a product is priced higher or lower than its perceived value (by the customer), then it will not sell. * O TRUE O FALSE Plz HURRY
232k views
4 votes
TRUE or FALSE: If a product is priced higher or lower than its perceived value (by

the customer), then it will not sell. *

O

TRUE

O

FALSE

Plz HURRY

User Ryabchenko Alexander
by
5.5k points

1 Answer

2 votes

Answer:

The answer is: False

Step-by-step explanation:

a product can sell if the price is higher or lower than its perceived value, take a market crash for example, many stocks are priced lower than its perceived value but some investors still buy it, or overpriced stocks, people that believe the stock will continue to go up would most likely buy it.

User Bhavesh Jethani
by
5.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.1m questions

6.7m answers

Other Questions

Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Given the following income elasticities of demand: Product Income elasticity movies +3.4 Dental service +1.0 Clothing +0.5 The values indicate that movies and dental services are normal goods, but clothing
Link Copied!