A firm specializing in high-priced, higher-quality goods will most likely find a high-income market more attractive than a low-income one.

Question

Quizplus · Accepted Answer

A firm specializing in high-priced, higher-quality goods will target a high-income market because consumers in this segment are more likely to afford and value premium products, aligning with their purchasing power and preferences.

A Firm Specializing in High-Priced, Higher-Quality Goods Will Most Likely