Which pricing policy would be best suited for a company that specializes in one unique product? Explain.

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07-03-2021
Business

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Which pricing policy would be best suited for a company that specializes in one unique product? Explain.

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341778603 341778603 · Answer 1 · 2021-03-07T18:01:06-05:00

341778603 341778603

07-03-2021

Answer:

A high-end pricing policy or premium pricing should be the best pricing strategy for a company that specializes in one unique product. The High-end pricing policy sets a high price for products. The objective is to create a perception that the product is of high quality.

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