For what type of product is it feasible to infer higher product quality by setting a higher

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For what type of product is it feasible to infer higher product quality by setting a higher price? Under what circumstances, and for what objective, would it serve the firm’s objective to set price above the short-run profit-maximizing level?

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Managerial Economics

ISBN: 9780135509302

3rd Edition

Authors: Evan J. Douglas

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