Model Answer

How important are price and quality in influencing consumer behavior?

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Gerryielts2023_5-8_p2q24p3_How important are price and quality in influencing consumer behavior
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How important are price and quality in influencing consumer behavior?
Price and quality are two
crucial factors that significantly impact consumer behavior. While price influences affordability and purchase decisions, quality effects the perceived value and satisfactio
derived from a product or service. Consumers often seek a balance between price and quality, and their choices are influenced by factors such as personal preferences, budget constraints, and the perceived benefits of the product or service.
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How important are price and quality in influencing consumer Behavior.
Price and quality are two.
Crucial factors that significantly impact, consumer Behavior, while price influences, affordability and purchase decisions, quality effects, the perceived value and satisfaction.
Derived from a product or service consumers, often seek a balance between price and quality and a choices a choice are influenced by factors such as personal preferences, budget, constraints, and, the perceived benefits of the product or service.
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How important are price and quality in influencing consumer behavior?

How important are price and quality in influencing consumer behavior?

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How important are price and quality in influencing consumer behavior?

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