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Youve been approached by a friend who has sought your advice about pricing products for his video production business. He indicated that he has several

Youve been approached by a friend who has sought your advice about pricing products for his video production business. He indicated that he has several new products ready to be launched and wants to review the prices of existing products.

Required:

Prepare a response to answer your friends queries. Provide specific guidelines that he can follow. Include examples in your answer.

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