Examlex
Different theories and diverse parental practices are associated with toilet training. According to the text, which is the best method for toilet training?
Skimming Demand
A pricing strategy where a high price is set to "skim" layers of demand from the market sequentially, usually employed during the introduction of a new product.
Penetration Demand
A market strategy focused on increasing market share for an existing product through penetration pricing, advertisement, and sales promotion.
Demand Curve
A graph that relates the quantity sold and price, showing the maximum number of units that will be sold at a given price.
Pricing Approach
Strategies employed by businesses to set the price of their products or services, taking into account costs, demand, and competition.
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