For pricing-to-market to be effective,producers must assume that markets are

Question

Quizplus · Accepted Answer

Pricing-to-market strategy assumes that different markets are segmented, which means that producers can charge different prices for the same product in different markets. This allows them to adjust to local market conditions and increase their market share in each market segment they operate in. If markets were integrated, there would be a single global price for a product, and pricing-to-market strategy would not be effective.

For Pricing-To-Market to Be Effective,producers Must Assume That Markets Are