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Company a Uses a Pricing Approach Where the Initial Price

Question 95

Multiple Choice

Company A uses a pricing approach where the initial price for a product is set high and then lowered, and Company B uses an approach where initial prices are set low in an effort to gain market share. What terms best describe these practices? Company A uses a pricing approach where the initial price for a product is set high and then lowered, and Company B uses an approach where initial prices are set low in an effort to gain market share. What terms best describe these practices?   A)  Choice A B)  Choice B C)  Choice C D)  Choice D E)  Choice E


A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

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