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If a company increases the value of its products, which of the following pricing options could it consider? Group of answer choices Raise prices to
If a company increases the value of its products, which of the following pricing options could it consider?
Group of answer choices
Raise prices to reflect the higher value.
Lower prices to induce more customers to purchase its products.
Both raise and lower prices depending on the company's strategy.
Maintain the same price, since the value has increased.
Increase production costs to justify the higher value.
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