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explain the concept of price discretion, and its relationship with cost information and short-term pricing decisions. Using a practical, explain the difference in the price

explain the concept of price discretion, and its relationship with cost information and short-term pricing decisions. Using a practical, explain the difference in the price discretion between a room night sold and the bottle of wine.


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Price Discretion and Cost Information A Balancing Act Price discretion refers to the flexibility a company has in setting its prices This flexibility ... blur-text-image

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