The interplay between what a given item is worth and its price is hardly based on logic. This is especially true of fashion, luxury, or other nonessential items. Desinger clothing, for example, becomes worth what is priced, as opposed to being priced what it is worth. When that price is set high, the product's value is percieved accordingly, even when its quality is no higher than that of less expensive rivals.
The statement above suggests that:
A) People consistently make logical choices when shopping for essential items.
B) Designer Clothing is not an indispensable item.
C) The higher a product's price, the more that product is worth.
D) Low-priced items are usually of the same quality as high priced items.
E) People are not logical when they shop for clothing.
OA B
Source: Princeton Review
The interplay between what a given item is worth and its price is hardly based on logic. This is especially true of
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