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When a Firm Improves the Quality and Increases the Price

Question 90

Multiple Choice

When a firm improves the quality and increases the price of a product in reaction to a competitor making a price reduction,the firm is ________.


A) moving its brand into a less competitive position
B) negatively positioning its product
C) moving its brand into a higher price-value position
D) creating a "fighter brand"
E) narrowing its target market

Correct Answer:

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