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Consumers Buy Water and Soda from Vending Machines

question 245

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Consumers buy water and soda from vending machines. Usually the price of each of these products is about $1.50. If a marketer charges a significantly higher price for such products dispensed by vending machines, such as $2.50 per item, sales are likely to decline. Thus, marketers tend to be very consistent in the prices they charge for vending machine products. This is an example of marketers employing a ________ strategy.


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Portions of a document or presentation dedicated to the examination and analysis of specific topics or sections.

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An informal style of speech or writing, not bound by strict rules of grammar and usage.

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The quality of being amusing or comic, especially as expressed through literature or speech, often used to entertain or convey messages subtly.

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