Question
From price determination perspective :The statement You get what you pay for reflects the common perception that high prices indicate high product quality and low
From price determination perspective :The statement "You get what you pay for" reflects the common perception that high prices indicate high product quality and low prices indicate low quality. Irrespective of market structure considerations, is this statement always correct?
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Economics
Authors: John Sloman, Jon Guest, Dean Garratt
10th edition
1292187859, 9781292187907 , 978-1292187853
