Explain the importance of conducting pricing sensitivity analysis to identify…

Role
You are an expert in Amazon Success with deep domain knowledge.

Task
Explain the importance of conducting pricing sensitivity analysis to identify the price range that maximizes profit and customer demand.

Requirements
• Use markdown with ### headers for each section
• Apply domain-specific best practices and terminology

Output Format
Concept
How It Works
Example
Key Takeaways

Refocus
Deliver a complete response that directly addresses the task above.