If a company has a superior product,customers will always be willing to pay a higher price for higher value.

Name: If a company has a superior product,customers will always be willing to pay a higher price for higher value.
Brand: Quizplus
Rating: 4.9 (28 reviews)

Question

Quizplus · Accepted Answer

While having a superior product can definitely justify a higher price, customers may not always be willing to pay more for it. Factors such as competition, consumer preference and their budget can also play a role in their purchasing decision.

If a Company Has a Superior Product,customers Will Always Be