What Does the Author Mean by a "Seat-Of-The-Pants" Approach to Pricing

question 67

Essay

What does the author mean by a "seat-of-the-pants" approach to pricing?

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Definitions:

Use Language

The utilization of spoken, written, or signed symbols to communicate thoughts, ideas, or emotions.

Unilateral Neglect

A neurological disorder characterized by a lack of awareness of one side of the body or of stimuli presented to one side of visual space, typically after brain damage.

Left Parietal Cortex

A region of the brain located in the left parietal lobe, involved in various processes including spatial orientation and language processing.

Ignoring

The deliberate exclusion or omission of certain stimuli or information from cognitive processing.