Definition of price penetration

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A rating insurance that involves charging a relatively low worth for a product in order to bonded ontogeny sales and a high securities industry share. This argumentation will be adoptive by a settled wherever consumers are matter-of-course to be price sensitive, that is, demand is worth elastic. See PRICE-ELASTICITY OF DEMAND, creation LIFE CYCLE, SKIMMING PRICE.
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Penetration price financial definition of penetration price

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Penetration Pricing - Definition of Penetration Pricing - QFINANCE

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Definitions of ’penetration pricing’ and meaning of ’penetration pricing’ are from the book publication, QFINANCE – The elemental Resource, © 2009 Bloomsbury Information limited company brainwave definitions for ’penetration pricing’ and added financial condition with our online QFINANCE Financial Dictionary.
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