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Discuss how the macroeconomic issues raised in chapter

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The following questions are based on the Wall Street Journal Article from Chapter 3 about Proctor and Gamble's Pricing Strategies on pages 47-48.

1. Discuss how the macroeconomic issues raised in chapter 1 relate to the pricing and elasticity of demand issues presented in chapter 3. How do the current macroeconomic conditions influence P&G's pricing strategies and consumer behavior today? Determine if P&G's products are normal goods and explain why.

Reference no: EM133079493

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