What Is Market-Driven Pricing Models?

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter19: Elasticity
Section: Chapter Questions
Problem 9QP
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What Is Market-Driven Pricing Models?

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Market-Driven pricing models or strategy refers to the strategy or the economic activity by which the company compares and analyzes the difference between the prices of the similar or differentiated products in the industry and set their prices according to the analyses.

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