1. What Is the main goal of premlum priding? - A)To decrease competition E) To Increase sales volume C C) To cruatea perception of higher quality 0 D) To reduce production costs 2. Which of the following Is NDT typically accodated with promlum priding? A) Strong branding B) Lower prices - C) High-qually perception D) Exclusive features 3. Premium pricing is most effective in markets where customers A) Are price-sencitive a) Seek high-quality products - 1) Demand frequent discounts D) Prefergeneric branda 4. Which company is most likely to use premium pricing? 0 A)A discount retailer 3) A luxury car manufacturer C) Abudget hotel chain 9. D) Afast food restaurant 5. What is a patential drawback of premium pricing? a Ajitcanleas to increzed brand loyalty 3) Itmaylimit the customer base