Consumers calculate the value of a product by: Multiple choice question. considering all of the benefits considering all of the costs adding only the shipping costs to online purchases considering whether all of the benefits exceed all of the costs

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10-06-2022
Business

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Consumers calculate the value of a product by: Multiple choice question. considering all of the benefits considering all of the costs adding only the shipping costs to online purchases considering whether all of the benefits exceed all of the costs

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suchetasVT suchetasVT · Answer 1 · 2022-06-23T19:43:07+02:00

Consumers calculate the value of the product by considering whether all of the benefits exceed all of the costs. Therefore, Option D is the correct statement.

What do you mean by product?

A product refers to an object supplied for sale. A product may be a provider or an object. It may be physical or in virtual or cyber form. Every product is made at a cost and each is bought at a price.

The price that may be charged relies upon the market, the quality, the advertising, and the phase this is targeted.

Therefore, Consumers calculate the value of the product by considering whether all of the benefits exceed all of the costs. Option D is the correct statement.

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