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The best definition of a pricing experiment: a. is useful for obtaining data for a cost-oriented pricing strategy. b. is useful for determining customers' needs

The best definition of a pricing experiment: a. is useful for obtaining data for a cost-oriented pricing strategy. b. is useful for determining customers' needs and wants. c. cannot be performed if the retailer uses POS terminals. d. is a method of determining the most profitable price for a product. e. is a less accurate method of determining buyer response to price changes than a consumer panel

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