Which of the following best describes the relationship between cost and material selection?

Understanding the relationship between cost and material selection is crucial in product design and technology. The option that states material selection must consider cost alongside other factors is the most accurate.

When selecting materials, various considerations are taken into account to ensure the product's effectiveness, performance, sustainability, and market competitiveness. Cost is a significant factor because it can influence the overall budget and profitability of a product. However, it is not the sole consideration. Other factors, such as material properties (strength, weight, durability), availability, manufacturability, and end-user needs also play critical roles in the selection process.

Incorporating cost assessments with these other factors allows designers to create products that not only meet quality and functionality standards but are also economically feasible. This holistic approach to material selection is essential in ensuring that products can be produced at a price point that is attractive to consumers while still maintaining the necessary performance and aesthetic standards.

Overall, it's essential for designers to strike a balance between cost and other critical attributes to make informed decisions in material selection.