Consumer perception is one of the factors - but only of limited importance - in setting guidelines for pricing of services.

Name: Consumer perception is one of the factors - but only of limited importance - in setting guidelines for pricing of services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Consumer perception is a critical factor in setting pricing guidelines for services as it directly influences how much value consumers place on the service, affecting their willingness to pay and ultimately the service's market success.

Consumer Perception Is One of the Factors - but Only