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NextQ62

Look at the given picture and state what it represents out of the following : (The picture shows the State Bank of India symbol above the words 'State Bank of India'.)

Price and Pricing StrategiesStudy Simplify SpecialPYQ1MCQ
Question 61

In this method of pricing, goods are sold at higher prices so that fewer sales are needed to break even. It also helps the company in recovering the research and development costs which are associated with the development of a new product. This method of pricing is :

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