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    Business Essentials Study Set 3
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    Exam 13: Pricing, Promotion, and Distributing Products
  5. Question
    A Company Which Sets Prices Above the Market Rate Plays
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A Company Which Sets Prices Above the Market Rate Plays

Question 217

Question 217

True/False

A company which sets prices above the market rate plays on the consumer's belief that higher prices mean higher quality products.

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