BUYERS ALWAYS PREFER LOWER PRICES TO HIGHER PRICES .DO YOU AGREE OR DISAGREE WITH THIS STATEMENT?EXPLAIN YOUR ANSWER. DOES THIS HAVE TO DO WITH PRICE CELINGS IN THAT IT OFFRES LOWER PRICES BUT HAS THE NEGATIVE SIDE EFFECTS?

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As long as you say "all other things being equal" I would agree with this statement.

In other words, there are some things that could make a buyer prefer a higher price.  The main thing that could do this would be if the good or service that has the higher price is better (either truly better or...

(The entire section contains 164 words.)

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