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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Pricing
Good day
I was wondering why is it that for a penetration pricing policy to be effective a highly elastic PED is required?
Penetration pricing is a sensible policy to consider provided charging a low price for a period will result in increased sales. For a low price to result in higher sales need the PED to be elastic.
Have you watched my free lectures on pricing and pricing policies?