Multiple Choice
David likes New Balance running shoes.However,when he stopped by the Foot Locker to buy a new pair of running shoes he notice that Nike had a new pair of running shoes that cost $350.To David the higher price of the Nike shoe indicated that it would be a better pair of running shoes.This is an example of:
A) premium pricing
B) price lining
C) prestige pricing
D) exclusive pricing
E) selective pricing
Correct Answer:
Verified
Correct Answer:
Verified
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