Strategic prices - Assignment 10

Strategic pricing is a very focal point in running any business. Some people do it properly, but then some people can either over-price and under-price their products. When you under-price your product or your service, many people will come in, but you will not be making any money, basically working for free. On the other hand no customers will come in at all if the product or service is way over-priced. You have to find a good medium point when dealing with prices.

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