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When an Economy Is Characterized by High Inflation,special Pricing Tactics

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When an economy is characterized by high inflation,special pricing tactics are often necessary.One popular cost-oriented tactic is culling low-profit margin products from a product line.Explain why this tactic might backfire,and describe the other two cost-oriented tactics that can be used instead.

When an economy is characterized by high inflation,special pricing tactics are often necessary.One popular cost-oriented tactic is culling low-profit margin products from a product line.Explain why this tactic might backfire,and describe the other two cost-oriented tactics that can be used instead.

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