Eddie was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Eddie perceived price as for a good or service, while most consumers recognize price as the made to acquire a good or service.

Here Eddie has perceived price as money paid for the purchase of his favorite beverage, he is ready to drive 30 miles for this beverage , just because he is saving a dollar on it, so from the Eddie's point view , driving 30 miles to get the beverage is worth it . But as per the most of the customers , Eddie is making an overall sacrifice by driving 30 miles to get the beverage , just because he is saving dollar on it, so from the most customers point of view , driving 30 miles is not worth it and a lot of sacrifice is being made.

Eddie was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Eddie perceived price as ________ for a good or service, while most consumers recognize price as the ________ made to acquire a good or service.

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Eddie was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Eddie perceived price as for a good or service, while most consumers recognize price as the made to acquire a good or service.