In the case of expensive, chic products, their prices should be lowered in countries with low per-capita income

Question

Quizplus · Accepted Answer

Pricing strategies for expensive, chic products often target a specific market segment that values exclusivity and luxury, regardless of the country's overall per-capita income. Lowering prices in countries with lower per-capita income could undermine the brand's perceived value and exclusivity.

In the Case of Expensive, Chic Products, Their Prices Should