Which is a true statement about price premiums for differentiated products?
A) consumers are relatively insensitive to premium prices
B) consumers are highly sensitive to price premiums
C) consumers are ambivalent to price premiums
D) none of the above
Answer: A
Business
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Which of the following is not included in the distributive politics spreadsheet?
a) costs of organizing for nonmarket action b) institutional officeholders c) available substitutes d) demand for nonmarket action
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