Multiple Choice
Many consumers,especially when faced with an uncertain purchase decision,think that a high price:
A) is a signal of quality
B) is an indication that consumers are being ripped off
C) will always lead to major price discounts to wholesalers and retailers that distribute it
D) is a sign of the company's overall market share
E) indicates that the brand was slipping into the decline stage of the product life cycle but has had a sudden resurgence of growth
Correct Answer:

Verified
Correct Answer:
Verified
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