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Skimming,odd-Even Pricing,and Price Lining Are Three Possible Pricing Strategies Available

question 18

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Skimming,odd-even pricing,and price lining are three possible pricing strategies available to small businesses.


Definitions:

Emotion-Focused Coping

A stress management strategy that involves trying to reduce the negative emotional responses associated with stress such as embarrassment, fear, anxiety, depression, excitement and frustration.

Reducing Stress

The process or techniques used to decrease the physical and psychological impacts of stress on the body and mind.

Social Support

Information and feedback from others indicating that one is loved and cared for, esteemed and valued, and included in a network of communication and mutual obligation.

Benefits

Advantages or positive outcomes gained from actions, policies, or products.

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