When it comes to low prices in the eyes of consumers, which of the following statements is TRUE?

When it comes to low prices in the eyes of consumers, which of the following statements is TRUE?



A.

Consumers will pay more for low quality products.


B.

Consumers may not always perceive lower prices as connoting poorer quality.


C.

Consumers perceive lower prices as poor quality.


D.

Costs will always dictate the price.



Answer: B


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