Product quality is ultimately reflected in the and the price that customers are willing to pay. Group of answer choices market share development capability development time development cost

Market share

Explanation:

When a product is of high quality, more people will want to buy it because humans are drawn to things of superior quality. The quality item will therefore have a higher market share than its competitors.

The price will also reflect this as it would be higher than competing products to show that it is more sought after.

Take the iPhone for example. There are many more smartphones in the market but because of the quality of iPhones, they have such a high market share in the United States.

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