In terms of pricing principles, why do rental companies often display the retail price alongside the rental price for products they feature?

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A: Among the most important factors impacting a company's capacity to remain competitive is a thorough…

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Q: How should a sales manager establish criteria for selecting sales personnel? What do you think are…

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Q: Do

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Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”