Companies often try to gain more control over pricing by attempting to differentiate their products.

a. True

b. False

Question

Business

Jermaine Doyle

24 April, 01:50

Companies often try to gain more control over pricing by attempting to differentiate their products.

a. True

b. False

+3

Answers (1)

Know the Answer?

Paul Haley · Answer 1

Of course, in order for the product to be competitive in the market, it should have the same price or lower to the products with same utility, so the verdict of the consumers, depends on how varied the product is compared to its competitors. Thus, it is true that companies often try to gain more control over pricing by attempting to differentiate their products.

Companies often try to gain more control over pricing by attempting to differentiate their products.a. Trueb. False

Companies often try to gain more control over pricing by attempting to differentiate their products.

a. True

b. False