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7.6 - Assignment: Module 7 Review

        
 
 
 

Review Questions

  1. Should you rely solely on break-even analysis and cost-based pricing as a means of determining business success?
  2. What are some of the changes to variable costs that could affect the final price?
  3. How does the target market you select affect setting prices for products?
  4. What is dynamic pricing? Why is it especially prevalent online? Is it legal?

Please use;

Armstrong, G., & Kotler, P., (2014). Principles of Marketing. (15th ed). Upper Saddle River, NJ,      New Jersey: Pearson Education Inc.

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