Earl was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Earl perceived price as _______ for a good or service, while most consumers recognize price as the _______ made to acquire a good or service.

Earl was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Earl perceived price as _______ for a good or service, while most consumers recognize price as the _______ made to acquire a good or service. 



A. the money paid; overall sacrifice

B. a variable cost; fixed cost

C. a fixed cost; variable payment

D. the overall sacrifice; monetary payment

E. the break-even amount; total cost


Answer: A. the money paid; overall sacrifice


Learn More :