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One Large Construction Company Has Paid $19,000 for a Caterpillar

Question 51

Multiple Choice

One large construction company has paid $19,000 for a Caterpillar tractor, yet when the company calculates the bundle of economic, functional, and psychological benefits of the tractor, they arrive at a figure much higher. The construction company's assessment is seen as the


A) total customer satisfaction.
B) value proposition.
C) total customer cost.
D) customer perceived benefit.
E) total customer benefit.

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