Question: 79. Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince

79. Vince, Inc. has developed and patented a new laser disc reading device that will be marketed internationally. Which of the following factors should Vince consider in pricing the device?

I. Quality of the new device.

II. Life of the new device.

III. Customers’ relative preference for quality compared to price.

a. I and II only.

b. I and III only.

c. II and III only.

d. I, II, and III.

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