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Business, 19.11.2019 00:31 peralesdavid34

Penetration pricing is a. setting prices a few dollars or cents above an even number to indicate quality. b. charging different prices to different buyers for goods of like grade and quality. c. setting a high price so that quality- or status-conscious consumers will be attracted to the product and buy it. d. setting a low initial price on a new product to appeal immediately to the mass market. e. setting a below-market price for the product or product class oriented on a subjective feel for competitors’ prices or market price as the benchmark.

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