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In the US, a High Price Is Often Seen as a Signal

question 13

Essay

In the U.S., a high price is often seen as a signal of premium quality for many product categories.Discuss, using examples, of how price is used as a signal in other markets.


Definitions:

Appropriate

Suitable or proper in the circumstances.

Résumé

A document summarizing an individual's work experience, education, skills, and accomplishments, often used as part of a job application.

Target Readers

A specific group of people whom content is aimed at, based on various factors such as age, interests, and demographics.

Customizing

The act of altering or modifying something to suit specific preferences or requirements.

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