NV Inc. has launched a touch-sensitive handset in the Indian market and priced it at 9,500 rupees. Although many people are checking it out, marketers see evidence that the price exceeds the upper price threshold for the majority of Indian consumers. What does this mean?

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The Answer of NV Inc. has launched a touch-sensitive handset in the Indian market and priced it at 9,500 rupees. Although many people are checking it out, marketers see evidence that the price exceeds the upper price threshold for the majority of Indian consumers. What does this mean?

NV Inc Has Launched a Touch-Sensitive Handset in the Indian Market