________ is defined as a customers subjective evaluation of benefits relative to costs to determine the worth of a firms product offering relative to other product offerings.

________ is defined as a customers subjective evaluation of benefits relative to costs to determine the worth of a firms product offering relative to other product offerings.


a.
Quality
d.
Breakeven cost
b.
Value
e.
Opportunity cost
c.
Price


Answer: b.
Value


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