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Without a clear conception and depth of knowledge, it is indeed hard to deal with a market or marketing based assignment. Apart from theories to mug up and definitions to learn, one also has to deal with the theorems which require deep understanding. Students often do not pay attention in class and consequently, miss out on the knowledge. The trouble arises when it is their turn to submit an assignment. So, if you are one such student who simply cannot sort through his/her marketing assignment, you can reach the end of your worries with our One Price and Variable Price Homework Help. Myhomeworkhelp.com endeavors to help students at their hour of need. We can explain the concepts to you and you’ll see marketing was never so easy to understand. We can also take care of your assignment and complete the assignment on your behalf.

What does ‘one price’ and ‘variable price’ mean?

‘One price’ policy is the system where all the consumers in the entire market are charge the same price for the same product during a given period of time. The discounts and allowances are same for each and every consumer without any discrimination.

On the other hand, ‘Various price’ policy is the system where the seller can charge different prices from different customers for the same quantity of a product. This practice is known as price discrimination and benefits the buyers who have a better relation with the retailer, because it allows them extra discounts. This process might also involve bargaining.

‘Various price’ policy is dependent on the elasticity of demand for a product. If the particular consumer’s demand is inelastic, he might be charged higher prices while if his demand is elastic, he might be charged comparatively lower prices.

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