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Scenario 20.1 Use the following to answer the questions.
Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands.
Refer to Scenario 20.1. If Ray-Ban selected the prices for its new sunglasses to be $60, $70, or $80, this would most likely be an example of using ____ pricing to enhance its distinctive positioning strategy.
Syrupy Liquid
A thick, viscous liquid often sweet in nature, resembling syrup.
Morphine Withdrawal
A series of symptoms that occur when a person stops using morphine after becoming physically dependent on the substance.
Aggressive
Characterized by or resulting from a tendency to attack, confront, or compete with others.
Anorexia Nervosa
A serious eating disorder characterized by self-starvation, an irrational fear of gaining weight, and a distorted body image.
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