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Walmart, a superstore providing various daily items, is positioned in the middle market, now they have decided to introduce a lower priced line to grab

Walmart, a superstore providing various daily items, is positioned in the middle market, now they have decided to introduce a lower priced line to grab the opportunities in the value priced market. Which of the following strategy they are following?*1 pointMarket penetration pricingLine extensionLine stretchingDown market stretch

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