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Liquiction Pool and Patio Inc

question 44

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Liquiction Pool and Patio Inc.is a company known for its quality pool installations,excellent customer service,and reasonable prices.Given the demand,Liquiction could price its products higher,but it prefers to price its products such that it will earn a reasonable level of profits.Liquiction seems to base its pricing policy on:


Definitions:

Continuing Rise

An ongoing increase or upward trend in a particular metric, such as price, value, or volume.

Recession

A decline in production, employment, and income.

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