what is dual prising? 

Dear Student,

Dual-pricing implies that the farmers and the industrial units were required to buy and sell certain fixed quantities of inputs and outputs at the legislated price as fixed by the government and the remaining quantities can be traded at the prevailing market price. In other words, there exists two prices in the market simultaneously, one, as fixed by the government and second the market price. 

All the best for your exams!!

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The practice of setting prices at different levels depending on the currency used to make the purchase. Dual pricing may be used to accomplish a variety of goals, such as to gain entry into a foreign market by offering unusually low prices to buyers using the foreign currency, or as a method of price discrimination.
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dual pricing is Selling the same or identical product at different prices in different markets. It may indicate an intention to engage in dumping.

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