Question: What is the answer? please explain Question 5 5 pts A new product has a VTC of $9000. The nearest comparable alternative is priced at

What is the answer? please explain
Question 5 5 pts A new product has a VTC of $9000. The nearest comparable alternative is priced at $7000. Pricing the new product at $8950 is likely to be None of the listed choices About right. Far too low. Far too highStep by Step Solution
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