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Prices Are Related to the Other Elements of the Marketing

Question 62

Multiple Choice

Prices are related to the other elements of the marketing mix and to virtually all marketing outcomes. If a firm has a strong desire to increase its market share, it is likely it will:


A) decrease the price of the product.
B) increase the price of the product.
C) use a prestige pricing approach.
D) match the competitors price.

Correct Answer:

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