Imagínate you must draft a preliminary price strategy for your proposed business. what are the key objectives of your pricing strategies

answer:

the three basic pricing strategies can be referred to as skimming, neutral, and penetration.price skimming can also be called "riding down the demand curve" ("price skimming"). essentially what happens is that a company will set a relatively high price that exactly matches the product's value.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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