Question: CASE: There are several pricing methods. Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday season at $99 per

CASE: There are several pricing methods. Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday season at $99 per bote The company intends to bring the price down to $49 within six months of its release to attract buyers who couldn't afford the initial price. QUESTION: Identify the pricing strategy used

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