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alperkilic alperkilic
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Posts: 1076
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7 years ago
Which of the following is true of pricing in a market where monopolistic competition exists?
A) Brand loyalty is not a factor in setting prices.
B) The government or its designated agency regulates prices.
C) Price is used to help differentiate the product from other similar products.
D) It is the market that dictates the price an organization will charge for a product.
E) Because of the limited number of competitors, there is a quick reaction to any price change.
Textbook 
THINK Marketing, Canadian Edition

THINK Marketing, Canadian Edition


Edition: 1st
Author:
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Lucas_RiverPlaLucas_RiverPla
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7 years ago
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