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Customers must see value in a product or service before they are willing to exchange time or money to obtain it,but not all customers see the same value in a product.To analyze how many units will be sold at any given price point,marketers draw on
Existential Instantiation
A logical process in formal argumentation where an existential quantifier (e.g., "there exists") leads to the establishment of an instance of its subject.
Universal Instantiation
A logical rule that allows for the conclusion that a general statement applies to a specific instance.
Existential Generalization
A logical operation that infers the existence of at least one member of a domain that satisfies a given property from a particular case or instance.
Quantifier Negation
A transformation in formal logic that involves altering the scope of negation in relation to quantifiers in a statement.
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