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Management · Q347

Marketing

Graduate and Post Graduate · Management · question 347

Q347

Which one of the following is not a factor that reduces price sensitivity of a product?

A.
The product is more distinctive
B.
Buyers are fully aware of substitutes
Answer
C.
Buyers cannot store the product
D.
The product is assumed to have more quality, prestige or exclusiveness

Answer: Option B

Solution

Answer: Option B
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