Identify the oneselected for magic spoon

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Assignment:

Pricing is an important (if not the most important) part of the 4P elements and the most misunderstood in terms of execution. Magic Spoon Cereal is priced at a premium than its competitors due to the use of high-quality, Non-GMO ingredients. There are four different approaches to setting an approximate price level for a product. Identify the oneselected for Magic Spoon when it launched. Briefly explain your choice using appropriate terminology and facts from the case.

Reference no: EM133222838

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