With prestige pricing,people will pay more for a particular name brand because of the perceived benefits of using the brand.

Name: With prestige pricing,people will pay more for a particular name brand because of the perceived benefits of using the brand.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

Prestige pricing is based on the idea that people will be willing to pay more for a particular brand because they perceive it as having higher quality or status. Therefore, the answer is true.

With Prestige Pricing,people Will Pay More for a Particular Name