Products that are equivalent to national brands but are priced much lower are called _____.
A)prestige brands
B)private label brands
C)generic product brands
D)dual brands

Question

Quizplus · Accepted Answer

Private label brands refer to products that are owned and sold by a specific retailer, usually priced much lower than national brands. These products can be equivalent to national brands in quality and performance but bear a different brand name. Alternatively, option C (generic product brands) refers to unbranded, no-name products that offer basic functionality at a lower price point, but they may not necessarily be of equal quality. Options A and D are not relevant to the description provided.

Products That Are Equivalent to National Brands but Are Priced