Fixed And Flexible prices


 
 
Concept Explanation
 

Fixed And Flexible prices

Fixed And Flexible prices  

in a market, most shops sell thing at fixed price but there are some shops where we can bargain and buy goods at a cheaper rate. When the seller charges the same price for all products from all the customers, it is called a fixed price shop. It builds customer confidence and saves time. 

Flexible prices mean that the seller may the same product to different customers at different prices depending upon their power of bargaining.

 
 


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