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Novice Telecom Is a Manufacturer of Cell Phones

question 92

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Novice Telecom is a manufacturer of cell phones.The company is planning to launch a new model of smart phone and the pre-launch marketing has created much hype in the market.In order to cash in on the hype,the company charges a high price during the initial stages of the product's launch.Identify the pricing strategy this company is using.


Definitions:

Predominant Form

The most abundant or common form of a chemical species under specific conditions.

L-Leucine

An essential amino acid used by the body in protein synthesis and various metabolic processes.

Aqueous Solution

An Aqueous Solution is any solution in which water (H2O) acts as the solvent.

pH

A scale used to specify the acidity or basicity of an aqueous solution, with values ranging from 0 to 14.

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