asked 163k views
5 votes
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 contrasts the
employment situations in Germany
and the United States.
The author introduces the concept
of value-added tax
The author analyzes the cultures of
Germany and the United States
The author explains the meaning of
perceived value
Help me ASAP

1 Answer

1 vote

Answer:

The author does evaluate the effectiveness of different types of garden hoses. The hose that is more effective will have more demand and the price will rise/increase. The author also explains the meaning of perceived value. If consumers feel a particular hose is the best or better than another that will also lead to a rise/increase. This will also happen if customers have a bad perception and the price will decrease because they will not purchase that product. There are many different factors to take into consideration with consumers and purchasing products because things like cultures, taxes, and employment (if a person is working or not or if unemployment for the area is high) can all affect prices of a product.

Hope this helps you.

Step-by-step explanation:

answered
User Dileepa
by
8.1k points
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