Lecture 1 Pricing

Which pricing theory ignored customer side?
Neoclassic
Labour theory of value
Marginalism
One Price Pricing Policy
Could the price drive the amount of demand and supply?
Only in monopoly
Yes, if it is close to equilibrium
Never by K.Marx
By A.Smith which price should be set for water relatively to diamonds?
Which function is not related to price?
signaling
rationing
allocating
cost cutting
What is included in 4P?
Describe one price policy
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