What is the likely result of pricing a product, Marketing Management

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What is the likely result of pricing a product

Question: What is the likely result of pricing a product at a very high price? a There will be very little competition from other companies. b There will be very high demand for the product. c Consumers may purchase less expensive alternatives. d There will be a small profit margin on each sale. e Consumers may be concerned that the product is low quality.

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