Which is a true statement about price premiums for differentiated products?

Question

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A)Companies adopt differentiation strategies to develop products or services that are unique from those of their competitors.Differentiation strategy can take many forms,including design or brand image,technology,features,customer service,and price.Differentiation strategies lead to competitive advantage through building brand loyalty among devoted consumers.Brand-loyal consumers are less sensitive to price increases,which enables companies to invest in R&D initiatives to further differentiate themselves from competing companies.

Which Is a True Statement About Price Premiums for Differentiated