Observe the REAL ESTATE PROPERTY DIMENSION:
This dimension will be used for the following questions citing REAL ESTATE PROPERTY DIMENSION.
-Show how the Type 2 approach would implement the following change: the size of property whose ID is 111 is increased to 7000 sq ft on 1/1/2013.Assume that the dimension was originally created and populated with all brand-new properties on 1/1/2000,and add appropriate timestamps and a row indicator.
Definitions:
High Price
An amount that is considerably above the average or standard cost of an item or service.
Price War
A competitive situation where rival companies continuously lower prices to undercut each other, aiming to increase market share.
Price Sensitive
A characteristic of consumers who are highly responsive to changes in prices, affecting their willingness to buy products or services.
Promotional Campaign
A series of advertisements or efforts aimed at increasing awareness or sales of a specific product or service.
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