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  3. Study Set
    Foundations of Business
  4. Exam
    Exam 12: Creating and Pricing Products That Satisfy Customers
  5. Question
    Competition-Based Pricing Results in a High Price When Product Demand
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Competition-Based Pricing Results in a High Price When Product Demand

Question 11

Question 11

True/False

Competition-based pricing results in a high price when product demand is strong and a low price when demand is weak.

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