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Discover Ludwig"price premium" is a correct and commonly used phrase in written English.
It refers to the additional amount of money that is charged for a product or service due to its perceived higher quality, value, or brand. Example: "The new luxury brand is selling their handbags at a steep price premium, but customers are willing to pay for the high-quality materials and exclusive design."
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Will my product command a price premium?
"These types of features demand a price premium," he said.
A price premium is not necessarily a drawback.
Why does this climate policy price premium exist?
"We have very few takers because of the price premium".
The results suggest that any price premium does not result from the energy efficiency label itself.
This study examines the price premium from Korea's Energy Efficiency Grade Label.
These investors were disappointed at the offer, despite the price premium.
That way, researchers said, the price premium on unhealthy products would be unavoidable.
He said people underestimate the price premium carried by plug-in electric vehicles.
It caught on and now commands a 10% price premium over the ordinary white variety.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com