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In Choosing Between an Old Reliable Product and a New

Question 250

Multiple Choice

In choosing between an old reliable product and a new attractive product, the consumer will


A) always buy the product with the lower price.
B) always buy the product with the higher MU.
C) buy the one with the higher MU-to-P ratio.
D) buy the one with the lower MU-to-P ratio.

Correct Answer:

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