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Topic: Business
Number of pages / Number of words: 7 / 1767
Essay's paper body

Finding the most profitable pricing scheme was the jest of the experiment.

Perhaps just as important as determining the most profitable pricing method, was the important notion that the experiment could be halted at any time so the store would not experience any more losses than absolutely necessary...


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After the completion of each week the respective store managers were to review and analyze the sales. This was performed to determine if the experiment was worthwhile or too expensive.

To conduct the experiment there were 72 products chosen. Throughout a six-week period the prices of these products were modified...


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