Identify the correct pricing strategy. Incorporating pricing strategy drives customers to pay a higher price for a valuable product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide for money.

Price skimming

value for money

Explanation:

Price skimming is the pricing strategy in which businesses charge higher prices for the product initially and then start to reduce the price. The customers pay the high price charged for the product because of unique features of the product. Customers find the product value for money and so they are satisfied with the high prices.

answer; the landlord can sue the renter,and the renter loses the security deposit;

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