Examlex
What is MEOS?
Discrete Pricing
Discrete pricing refers to the practice of setting prices at fixed amounts rather than having a continuous range of prices, often seen in goods sold in whole units rather than continuous quantities.
Price Discrimination
A selling strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.
Pricing Scheme
A strategy or formula used to determine the selling price of goods or services, taking into account costs, market conditions, and consumer demand.
Reservation Price
The maximum price a consumer is willing to pay for a good or service or the minimum price a seller is willing to accept.
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