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When a Firm Improves the Quality and Increases the Price

Question 144

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

Correct Answer:

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