Lawrence Recently Bought a Brand New '69 Mustang, but He

Multiple Choice

Lawrence recently bought a brand new '69 Mustang, but he is not completely satisfied with it. He wished he had bought something that made a bigger impression on his colleagues at his posh Wall Street office. Lawrence's friend Howard, on the other hand, bought a Porsche 911 and is extremely happy with it. Howard becomes even more proud of his purchase when his friends compliment his car. From the marketing point of view, which of the following concepts has contributed to Howard feeling satisfied with this car?

A) Residual value of the car
B) Actual value of the car
C) Perceived value of the car
D) Salvage value of the car