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Major Sections Which of the following method subsections is usually optional?
Skimming Pricing
A pricing strategy where a firm sets relatively high prices at the launch of a new product or service to maximize profits from customers willing to pay more.
Fixed-price Policy
A pricing strategy where the price of a product or service is set and not subject to change based on market fluctuations.
Customary Pricing
Pricing strategy that is based on what is traditionally expected or accepted within a specific industry or by consumers.
Dynamic Pricing Policy
A pricing strategy where prices are variable and can change in response to market demand or other external factors.
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