In value-based pricing, the value of what differentiates a product from the best available alternative is known as the differentiation value.

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Manpreet Singh · Accepted Answer

Final Answer : True, Explanation :  This statement is true. Value-based pricing involves setting the price of a product based on the value it provides to the customer in comparison to the best available alternative. The differentiation value represents the specific features or benefits that make the product unique and more valuable than alternatives.

In value-based pricing, the value of what differentiates a product from the best available alternative is known as the differentiation value.

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