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Why is it important before making decisions to know the preferred price for customers when making purchases? What happens when you make pricing decisions that

Why is it important before making decisions to know the preferred price for customers when making purchases?

What happens when you make pricing decisions that are above the price range?

How does this affect product demand? Can the demand for a product reach zero?

What is the impact of the promotion budget on a product?

How much money should you include in the budget each year to maintain proper product promotion?

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