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Talk about the pros and cons to different pricing strategies (for example complex, hard to implement,...

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General Management

Talk about the pros and cons to different pricing strategies(for example complex, hard to implement, amount of producer surplusgenerated).

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The different pricing strategies pursued by companies are as follows Dynamic Pricing Strategy This is basically a differential pricing structure where the product is priced differently in different markets and different segments The differential pricing can be based on customer profile or demand even competition Advantages It is a flexible pricing structure It is a good strategy to react to market Disadvantages Overall transparency in the pricing    See Answer
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