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Understanding the Market — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipUnderstanding the Market3 Marks
Question
List some methods used for pricing.
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Answer

The main methods of pricing are:
  1. Cost Plus Pricing Method,
  2. Variable Price Method;
  3. Base Price and Discounts Method,
  4. Market Rate Method;
  5. Skimming Price Method,
  6. Penetrating Pricing Method.

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