Multiple Choice
With reference to the definition of value, loyal customers are:
A) not concerned about the quality of a product if the price is kept constant.
B) willing to pay more for their products than switch to lowercost competitors.
C) more price sensitive than consumers who switch brands.
D) lowvalue consumers who are of the opinion that low cost means high value.
Correct Answer:

Verified
Correct Answer:
Verified
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