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(MARKETING QUESTION) 1. As a consumer, what do you think is the most effective pricing strategy and why? Use marketing vocabulary and refer to the

(MARKETING QUESTION)

1. As a consumer, what do you think is the most effective pricing strategy and why? Use marketing vocabulary and refer to the pricing strategies (penetration, economy, psychological, price skimming, product line... etc)

2. For which consumer product (Consumer Product Classifications chart) is this strategy most suitable? Explain. 3. What strategy is most suitable for a pet sitting business? Why?

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