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Pandos Pandos
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6 years ago
Why do marketers consider prestige products to be an exception to the law of demand?
a. The demand curve for prestige products slopes downward and to the right.
b. Increasing the price of prestige products can make them seem more desirable.
c. Demand for prestige products often is greater than supply.
d. Prestige products such as diamonds, sapphires, and emeralds are nonrenewable resources.
e. Customers are more aware of any price changes to prestige products.
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Marketing: Real People, Real Choices

Marketing: Real People, Real Choices


Edition: 4th
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jhollin1138jhollin1138
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Pandos Author
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5 years ago
Thank you for your help
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