Different from ordinary consumer products based on product cost-based pricing, luxury brands usually formulate three different retail price regions in Europe, the United States, and Asia according to different market expectations. In Europe, with France and Italy as the main origin The prices of luxury goods are often the lowest. When European brands reach the U. S. market, they usually only increase the price slightly, because consumers there have matured their psychology of luxury goods. In Asia, the prices of luxury brands Highest. Which of the following can best explain the phenomenon that luxury brands have the highest prices in the Asian market? ['Asia is far from the origin of luxury brands and high logistics costs.', 'Relatively high operating costs such as labor and store rents in Asia.', 'Consumers in Asian markets have high expectations for luxury brands.', 'The Asian market has a larger luxury consumer group than the European and American markets.']