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Which one of the following statements is supported by research? The higher the price, the greater the sales volumn. Consumers' perception of product quality is

Which one of the following statements is supported by research?

The higher the price, the greater the sales volumn.

Consumers' perception of product quality is related closely to the item's price.

Perception of quality has no relationship to price

Quality and price always go hand in hand

The lower the price, the lower the sales volume

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