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Question1: In Figure 13-2, do Step 1, Step 2 (Price elasticity only), Steps 4,5,6to set a price for the SipChip in Canada.State your final price

Question1:In Figure 13-2, do Step 1, Step 2 (Price elasticity only), Steps 4,5,6to set a price for the SipChip in Canada.State your final price and justify it. How would the pricing strategy change in each stage of the product life cycle and why?

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