multiple choice question\nthe relationship, or ratio, between a products perceived benefits and the…
multiple choice question\nthe relationship, or ratio, between a products perceived benefits and the consumers costs is known as its \n\no price\no value\no trade - off\no exchange rate
Answer
Brief Explanations:
In business, value is defined as the relationship between what a consumer perceives as the benefits of a product and the costs (such as price, time - cost, etc.) they incur. Price is just the monetary cost, trade - off refers to giving up one thing for another, and exchange rate is related to currency conversion.
Answer:
B. value