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If two events are independent, then
Pricing
The process of determining the value that will be charged for a product or service, taking into account costs, market conditions, and customer perception.
Store-based Retailers
Store-based retailers operate physical locations where customers can browse and purchase goods in person, offering a tangible shopping experience.
Internet Channel
Digital pathways through which information, goods, or services are delivered over the internet, including websites, email, and social media.
Merchandise
Goods to be bought and sold.
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