Economics assignment about Monsonto

A pricing strategy is a combination of different accounts such as the ability to pay, the market conditions, competitors’ behavior, and the cost of raw materials- that aid in selling other products. Some of the pricing strategies are sales maximization, premium pricing, price discrimination, psychological pricing, bundle pricing, limit pricing, average cost pricing, mark-up pricing, …

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What Is Macroeconomics?

1. What Is Macroeconomics? Microeconomics is the study of the behavior of individual economic agents. Microeconomics asks how individuals allocate their time, income and wealth among various opportunities for labor, leisure, consumption, and savings. Microeconomics also studies the process by which individual firms decide on output levels, possibly prices, and the resources that will be …

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