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While studying in the crowded library,Arlene hears a crashing noise and then someone moaning.The commotion appears to have come from behind closed doors marked "Staff Only." Nobody near Arlene seems concerned,so Arlene goes back to her studying.This example best illustrates
Penetration Pricing
A marketing strategy where the initial price of a product is set lower than the eventual market price to attract new customers and gain market share.
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