"Some consumers use price,brand name,or store name as an indicator of quality and choose an alternative based on this criterion." Explain the ramifications of this statement.

Question

Quizplus · Accepted Answer

The Answer of "Some consumers use price,brand name,or store name as an indicator of quality and choose an alternative based on this criterion." Explain the ramifications of this statement.

"Some Consumers Use Price,brand Name,or Store Name as an Indicator