Consumers willing to pay 15 percent more for Coke than for Pepsi. This is called the_________ associated with the brand’s loyalty measures under brand equity Ten model

Question:

Consumers willing to pay 15 percent more for Coke than for Pepsi. This is called the_________ associated with the brand’s loyalty measures under brand equity Ten model

A.

Price Premium

B.

Price reduction

C.

Price quanity

D.

Customer satisfaction

Answer» a. Price Premium

Note: The above multiple-choice question is for all general and Competitive Exams in India