Question: What is the price-quality relationship? How does this relationship affect a U.S. firm's comparative position in world markets? What is the price-quality relationship for an

What is the price-quality relationship? How does this relationship affect a U.S. firm's comparative position in world markets? What is the price-quality relationship for an expensive product like the Apple iPhone 11 or 12? How does this important relationship change when marketing in less developed countries like Mexico or Brazil?

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