Glossary/Administered Pricing

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Revision as of 04:31, 14 December 2024 by Peterrock (talk | contribs) (Created page with "= Glossary | Concepts | Administered Pricing = == 'House' Definition == Administered pricing refers to the practice where firms set prices based on costs, markups, and strategic goals rather than short-term supply and demand changes. It is common in industries with significant market power, where prices remain stable despite market fluctuations. == Other Definitions == == Discussion == == History == == Examples == ==...")
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Glossary | Concepts | Administered Pricing

'House' Definition

Administered pricing refers to the practice where firms set prices based on costs, markups, and strategic goals rather than short-term supply and demand changes. It is common in industries with significant market power, where prices remain stable despite market fluctuations.

Other Definitions

Discussion

History

Examples

References

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