Question: Define perceived value Describe an instance or circumstance when you would buy a bargain brand (cheap) Describe an instance or circumstance when you would buy

  1. Define perceived value
  2. Describe an instance or circumstance when you would buy a bargain brand (cheap)
  3. Describe an instance or circumstance when you would buy a higher priced product?

How does perceived value connect to whether you buy the more expensive product?

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