DEFINITION of 'Perceived Value'. The worth that a product or service has in the mind of the consumer. The consumer's perceived value of a good or service affects the price that he or she is willing to pay for it. For the most part, consumers are unaware of the true cost of production for the products they buy.
A pound of butter divided into 4 sticks, or quarters, equals 4 sticks, or quarters of 4 ounces each. 4 ounces times 4 equals 16 ounces, or 1 pound. That given, one stick of butter is equal to 4 ounces.
Look to the right and you'll see what one stick of butter is in the most common baking and cooking measures.Many butter packages also have helpful markings along the side to help you measure out how much butter you need when baking or cooking.Butter is a diary product made by churning cream.any butter packages also have helpful markings along the side to help you measure out how much butter you need when baking or cooking. Butter is a diary product made by churning cream.