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If a company sets its price too low for a product or service. or reduces its unit selling price. 0 demand and thus, sales of

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If a company sets its price too low for a product or service. or reduces its unit selling price. 0 demand and thus, sales of the product or service will increase immediately. 0 customers will purchase the product or service immediately assuming that the unit selling price cannot decline anyfurther. 0 customers may not purchase the product or service due to perceived decrease in value. 0 customers will most likely not be affected by a change in the unit selling price

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