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One more exercise that Jenny wants to complete before setting her prices is to do a survey in her community to see what prices they
One more exercise that Jenny wants to complete before setting her prices is to do a survey in her community to see what prices they would be willing to pay for her services. This will provide her a level of assurance that her prices wont be considered too high, but it could create additional challenges in the form of cutting costs to accommodate those prices. In this case, Jenny is considering ____________.
profit margin
demand-based pricing
breakeven analysis
cost-based pricing
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