EXPLAIN ALL PRICNG STRATEGIS FOR FIRMS WITH MARKET POWER TYPES WITH EXAMPLS

Strategies that yield even greater profits

-basic rule of profit maximization(monopoly and monopolistic competition and Cournot oligopoly)

Exacting surplus from consumers:

-Price discrimination 3 types

-Two-part pricing

-Block pricing

-Commodity bundling

Pricing strategies for special cost and demand structures

-Peak-load pricing

-Cross-Subsidies

-Transfer Pricing

Pricing strategies in markets with intense price competition

-Price Matching

-Inducing Brand Loyalty

-Randomized Pricing