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The topic is about marketing pricing objectives, please kindly: 1. Describe the typical demand curve, including the relationship between price and sales 2. Explain break-even
The topic is about marketing pricing objectives, please kindly:
1. Describe the typical demand curve, including the relationship between price and sales
2. Explain break-even analysis, with example
3. Clarify the difference between price skimming and penetration pricing, using an example to illustrate when each pricing strategy would be appropriate
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