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Intramuscular
Penetration Demand
A market strategy focused on increasing market share for an existing product through penetration pricing, advertisement, and sales promotion.
Demand Curve
A graph that relates the quantity sold and price, showing the maximum number of units that will be sold at a given price.
Pricing Approach
Strategies employed by businesses to set the price of their products or services, taking into account costs, demand, and competition.
Prestige Pricing
A pricing strategy where prices are set higher than average to create an image of exclusivity and high quality, appealing to status-conscious consumers.
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