Explain how the selected method will achieve one of the following pricing objectives; sales volume maximization market share gain profit maximization market penetration [If not planning to pursue hospitality as a career, use the hospitality industry segment most meaningful/interesting to you] As a final step, evaluate and critique the selected pricing method in the context of price elasticity and price discrimination. How might either be considered when establishing actual prices for products or services of your business [or business type]?

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Explain how the selected method will achieve one of the following pricing objectives; sales volume maximization market share gain profit maximization market penetration [If not planning to pursue hospitality as a career, use the hospitality industry segment most meaningful/interesting to you] As a final step, evaluate and critique the selected pricing method in the context of price elasticity and price discrimination. How might either be considered when establishing actual prices for products or services of your business [or business type]?

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