Question

sellers must carefully set prices so that buyers feel they are receiving _______ value for their money.
minimum
optimum
no
little
question 4
5 pts
what might happen if a businesss customers feel that they are not getting the most value for their money?
customers purchase more.
sales increase.
sales remain the same.
customers spend money elsewhere.

Explanation:

First Question (Fill - in - the - blank with options)

To determine the correct word, we analyze the context of pricing and customer value. Sellers set prices to make buyers feel they get a good value. "Minimum" means the least, which is not what sellers want buyers to feel. "No" and "little" also imply a lack of value, which is not the goal. "Optimum" means the best or most favorable, so it fits the context of buyers receiving a good value for their money.

We consider customer behavior when they don't feel they get value for money. If customers don't get value, they are likely to look for better options elsewhere. "Customers purchase more" and "Sales increase" are the opposite of what would happen. "Sales remain the same" is also unlikely as customers would be dissatisfied. So the logical outcome is customers spending money elsewhere.

Answer:

B. optimum

Second Question (Multiple - choice)