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What Is Meant by Product Life Cycle Pricing

Question 36

Multiple Choice

What is meant by product life cycle pricing?


A) The pricing needs to be adjusted at each stage in a product's life cycle.
B) The pricing needs to be increased at each stage in a product's life cycle.
C) The pricing of new products needs to start out low and end high.
D) The pricing of new products needs to start out high and end low.

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