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How did French involvement in the fur trade change life for Native Americans?
Market Prices
The current prices at which goods or services are bought and sold in a marketplace.
Market Position
The standing or rank of a company, product, or brand in a particular market, often relative to its competitors.
Reference Pricing
Psychological pricing strategy common in retailing goods for which consumers have an idea of what the price “should be.”
Price Lining
A pricing strategy where products or services are grouped into different price ranges to target various consumer segments.
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