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If a company prices its product higher than similar products of its competitors, one of two things is likely to occur. Identify these two possibilities.
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4 votes
If a company prices its product higher than similar products of its competitors, one of two

things is likely to occur. Identify these two possibilities.

User Vincent Scheib
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8.2k points

1 Answer

2 votes
They might lose market, because people would go for the cheaper products

Also it could be assumed the products might be of higher quality.
User Serial
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8.7k points
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