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When a company introduces a product at a high price and then gradually drops that price over time, as Sony and Apple have done, this

image text in transcribed When a company introduces a product at a high price and then gradually drops that price over time, as Sony and Apple have done, this is called a strategy. loss-leader pricing market-skimming pricing value pricing market-penetration pricing Question 11 (1 point) Many companies in the construction sector use pricing methods, which essentially involve evaluating costs, then adding a certain percentage. economic value-to-customer markup target-return auction

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