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The sequence is defined recursively. Write the first four terms.
-a1 = 135 and an+1 = 13 (an) for n ≥ 2
Everyday Low Pricing
A pricing strategy where a retailer consistently offers products at low prices rather than relying on sales or discounts, aimed at attracting price-sensitive customers.
Markdowns
Reductions from the original or retail price of goods, usually to stimulate sales or clear out inventory.
Retail Pricing Strategy
Approaches and tactics a retailer uses to set the prices of its products or services to maximize profitability.
Inventory
The total amount of goods and materials held in stock by a business, warehouse, or store.
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