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Question

If customers perceive that price of product is greater than value then customer _______.

A
Would get product free of cost
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B
Would get discount
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C
Would buy that product
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D
Would not buy the product
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Solution

The correct option is D Would not buy the product
If customers after bergain find out the offered price of a product is more than what it is originally, that means the customer needs to give a higher price for their satisfaction. In such a case, the opportunity cost of the product is more than expected. o customers will prefer not buy such products.

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