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andrew-mc [135]
3 years ago
12

Timothy is planning the pricing strategy for his company’s products. He is directed by the management to add a premium (amount a

dded to the actual market price of a product) to the price of their product. How can Timothy justify this premium price to the customer without making them feel cheated?
A.
sell the product at a much higher price (than the market price), and then offer a discount
B.
show customers the overhead costs that the company has to pay
C.
assure the customers of excellent after-sales service
D.
say that the product is an upgrade
Business
1 answer:
marissa [1.9K]3 years ago
4 0

Answer:

A.sell the product at a much higher price (than the market price), and then offer a discount

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Answer:

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Answer:

a. 116.9 and the inflation rate was 16.9%

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<u>Definition</u>

Consumer Price Index (CPI) is a statistical measure that is constructed using a weighted average market basket of consumer goods and services produced by a household.

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Inflation = <u>90-77</u>  * 100

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