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    Contemporary Marketing Study Set 4
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    Exam 16: Pricing Concepts and Strategies
  5. Question
    Firms Using Prestige Pricing Set Relatively High Prices to Develop
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Firms Using Prestige Pricing Set Relatively High Prices to Develop

Question 198

Question 198

True/False

Firms using prestige pricing set relatively high prices to develop and maintain an image of quality and exclusiveness that appeals to status-conscious consumers.

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