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Business Studies · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 1 · Q17
In which of the following situations, a company will
fix high price for its product?
Official answer
From CBSE’s own marking scheme for this paper.
(C)
When the firm wants to cover high cost of Research and Development to attain product quality leadership.
Marking-scheme solution
(c)
When the firm wants to cover high cost of
Research and Development to attain product quality
leadership.
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CBSE Class 12 Business Studies past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.