Question
What is price sensitivity?
Multiple choice question.
the degree to which customers' purchase decisions are affected by the price
the amount of money that is charged for something of value
the practice of intentionally setting a rather high price for an item in order to portray it as having high quality or status
the practice of injuring competition by selling the same product to different customers at different prices
Multiple choice question.
the degree to which customers' purchase decisions are affected by the price
the amount of money that is charged for something of value
the practice of intentionally setting a rather high price for an item in order to portray it as having high quality or status
the practice of injuring competition by selling the same product to different customers at different prices
Answers
GPT-4o mini
The correct answer is:
**the degree to which customers' purchase decisions are affected by the price**
**the degree to which customers' purchase decisions are affected by the price**