What combination of quality-price will be most successful

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A firm can seek any combination of quality and price it chooses. Thus, it can go with a low quality-low price strategy or use one which combines high quality with a high price. Ideally, of course a high quality and a LOW price will be the most powerful.

In your opinion what combination of quality/price will be most successful and with whom? Why?

Is the last combination feasible?

Reference no: EM13232578

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