Question: Question 9 Mitch, a marketer for a major retailer, uses the Internet to aggressively review the prices of products sold by his competitors. Accordingly, he

Question

9

Mitch, a marketer for a major retailer, uses the Internet to aggressively review the prices of products sold by his competitors. Accordingly, he constantly updates his prices based on his findings and what changes he sees in consumer demand. What type of pricing strategy is Mitchmost likely using?

market pricing

demand pricing

dynamic pricing

penetration pricing

flexible pricing

Question 9 Mitch, a marketer for a major retailer, uses the

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