Question: When is price elasticity high? Select one: a. When prestige pricing is used. b. It is difficult to evaluate quality. c. When the product is

 When is price elasticity high? Select one: a. When prestige pricing

When is price elasticity high? Select one: a. When prestige pricing is used. b. It is difficult to evaluate quality. c. When the product is considered a commodity. d. When the cost of the product is very high. e. When products are highly differentiated

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