Question: QUESTION Do you believe prices should reflect the value consumers are willing to pay? Alternatively, do you believe prices should reflect only the cost of

QUESTION

  1. Do you believe prices should reflect the value consumers are willing to pay? Alternatively, do you believe prices should reflect only the cost of making a product or delivering a service? Please cite a real world example to support your position.
  2. In your response to a classmate, respectfully agree or disagree with his or her position citing information you learned from reading the text book.(I can provide one of my classmates's post)

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