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Explain what a loss leader item is. In general, how can selling an item or items for a loss result in a net benefit for

Explain what a loss leader item is. In general, how can selling an item or items for a loss result in a net benefit for a business? For Costco, give one example of a potential benefit that could result from using a loss leader strategy. Some potentially useful considerations for answering this question: in-store foot traffic Perceived value of a Costco membership Pressure on competitors

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