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1. Sales-and-marketing expenses were 35% of sales in... [Peloton's] most recent fiscal. To attract new customers, Peloton is ...trying to convince users to buy an

1."Sales-and-marketing expenses were 35% of sales in... [Peloton's] most recent fiscal. To attract new customers, Peloton is "...trying to convince users to buy an expensive product they never knew they needed." Can Peloton argue that its products allow consumers to make more efficient use of their leisure time? Explain.

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