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Give the meaning of 'Variable Price Method' of pricing. - Entrepreneurship

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Give the meaning of 'Variable Price Method' of pricing.

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उत्तर

When a product or service's price is determined by a number of variables, including supply and demand, market conditions, consumer profiles, and competitive dynamics, it is referred to as the variable price method of pricing.

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2021-2022 (April) Term 2 - Set 4
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