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uality forces companies to make tradeoffs between product cost and quality. As a consumer which would you prefer: (1) a low-cost product ($50) with a

uality forces companies to make tradeoffs between product cost and quality. As a consumer which would you prefer: (1) a low-cost product ($50) with a useful life of six months; or (2) a high-cost product at $100 with a useful life of eighteen months? What other factors would influence your decision

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