Question: Question 3 2 . 5 p t s Apple is aware that a certain percentage of their customer base is very loyal and is willing

Question

3

2.5 p t s

Apple is aware that a certain percentage of their customer base is very loyal and is willing to buy a newly released Apple product regardless of the price. As a result of the customer's

these customers are most likely to pay a premium price for an Apple product during the

stage of the product life cycle.

highly elastic demand: introductory

upscale orientation : innovative

Question 3 2.5pts Apple is aware that a certain percentage of

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