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13 August, 04:42

If a mcdonalds menu board advertises mini meals under $3, mcdonalds is most likely using which type of pricing strategy

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  1. 13 August, 08:33
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    It is given that Mcdonalds introduces mini meals at $3. This type of pricing strategy is called penetration pricing. It is setting a low initial price on a brand new product to make it more popular to the mass market.
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