-Calculate the equivalent production units from the information given.
Definitions:
Price Wars
A competitive situation where retailers or producers continuously lower prices to attract customers, often at the expense of profit margins.
Product Differentiation
The strategy of distinguishing a product or service from others in the market to make it more attractive to a particular target market.
Profit Orientation
A company objective that can be implemented by focusing on target profit pricing, maximizing profits, or target return pricing.
Pricing Methods
Strategies and techniques employed by businesses to set the sales price of products or services.
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