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The Dell EC 280 is a small desktop computer that uses less electrical power, has a Celeron processor, and is targeted to the less affluent, very large, Chinese market that has never owned a computer.It was introduced at a price of $340 for a basic setup.Dell is using which pricing strategy in this example?
Distribution Of Output
Refers to how the total output of goods or services is spread across various participants in an economy, affecting income and wealth distribution.
Market Economy
An economic system where decisions regarding investment, production, and distribution are guided by the market's supply and demand forces rather than government intervention.
Consumer Needs
The essential goods and services that customers consider necessary or desirable in their everyday lives.
Competitive Market System
A market structure characterized by many buyers and sellers, free entry and exit, and products that are similar, fostering competition.
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