Nakamichi Introduced a Set of True High-Fidelity Headphones at a Price

Nakamichi introduced a set of true high-fidelity headphones at a price of $2,000. However, the product simply did not find a market. Most likely, this was due to:

A) The price exceeded the consumer price ceiling.
B) The price was below the consumer price floor.
C) Fixed costs were too high.
D) Competitors' prices were too high.

Correct Answer:

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