Examlex
Some factors that interact to make streams seek equilibrium are independent variables and others are dependent variables.Which of the following is(are) an independent variable(s) ?
Below-market Pricing
Below-market pricing is a strategy where goods or services are sold at a price lower than the prevailing market rate to attract customers and increase market share.
Magnet Pricing
A strategy used by retailers to attract customers by advertising very low prices on a few items with the expectation that once customers are in the store, they will purchase additional items.
Price War
Successive price cutting by competitors to increase or maintain their unit sales or market share.
Market Share
The proportion of total sales in a market captured by a particular brand, product, or company, usually expressed as a percentage of total sales in the industry.
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