Question: Discuss the three basic pricing strategies: rigid cost-plus pricing, flexible cost-plus pricing, and incremental pricing. How do firms employ each strategy? What are any advantages

Discuss the three basic pricing strategies: rigid cost-plus pricing, flexible cost-plus pricing, and incremental pricing. How do firms employ each strategy? What are any advantages or disadvantages to each strategy?

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lets discuss the three basic pricing strategies 1 Rigid CostPlus Pricing In this strategy the firm sets the price of its products by adding a markup to the cost of production The markup is usually a f... View full answer

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