What is the true economic value

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Question: What is the true economic value? In other words, what's the price of the next best alternative PLUS the value of the performance difference? There are likely to be several performance differences. Think of both utilitarian (eg product quality, works with other products the customer has, ease of access, durability) and emotional (eg stylishness, etc.). What are each of those worth? Use your judgment.

Reference no: EM133671631

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