Based on the Pricing Strategies presented in the “Lecture Notes” of this unit as well as links, reading, and your own knowledge, answer the following questions:
1. What pricing strategies have you witnessed retailers using?
2. Why do you think your retailer example applied this pricing strategy?
3. If you have traveled to another country, can you remember how products were priced, and what pricing strategies were used?
4. What pricing strategies does your own employer use?