Which of the following is an example of trading up?
A) Trident introduces a chewing gum that replenishes the calcium in teeth.
B) Armstrong Flooring introduces a line of flooring based on designs from nature.
C) A prescription-only sinus medication runs an ad in Better Homes & Gardens magazine.
D) A car repair shop hires a mechanic who can work on Ferraris, Porsches, and other luxury sports cars.
E) A children's clothing store adds a line of inexpensive toddler sandals to its mix.
Correct Answer:
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Q56: _ means adding a higher-priced, prestige product
Q57: Trading up m
A) consumers stop patronizing lower-priced
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Q60: Trading down m
A) the process in which
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Q63: Which of the following is an example
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