How does the author develop the idea that prices vary for complex reasons? Select each correct answer. The author evaluates the effectiveness of different types of garden hose. The author explains the meaning of perceived value. The author analyzes the cultures of Germany and the United States. The author introduces the concept of value-added tax. The author contrasts the employment situations in Germany and the United States.

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English

Heidi Coleman

24 April, 19:55

How does the author develop the idea that prices vary for complex reasons? Select each correct answer. The author evaluates the effectiveness of different types of garden hose. The author explains the meaning of perceived value. The author analyzes the cultures of Germany and the United States. The author introduces the concept of value-added tax. The author contrasts the employment situations in Germany and the United States.

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Adan Coffey · Answer 1

The author evaluates the effectiveness of different types of garden hose. If a hose is more effective, it will surely have more demand and the price of that hose will increase. The author explains the meaning of perceived value since if consumers think that a particular hose is better than other and that will lead to an increase. The same will happen if the peception is bad, comsumers will punish the product by reducing the price. or has. Cultures can affect also the demand of a good or service. Taxes can vary prices. Employment situations affect aslo the prices.

Marilyn Burch · Answer 2

The author explains the meaning of perceived value.

The author introduces the concept of value-added tax.