REPOND TO RESPONCE BELOW WITH AT LEAST 250 WORDS CITATION AND REFRENCE Pricing and Economic Strategies: Odd Pricing Odd pricing is a psychological pricing strategy that involves ending pri
Q (kg) Fixed Cost Total Cost (TFC+TVC) Total Revenue Profit/Loss (TR – TC) MC (change in total cost/change in quantity(Q(kg)) MR (change in revenue/change
Q (kg) Fixed Cost Total Cost (TFC+TVC) Total Revenue Profit/Loss (TR – TC) MC (change in total cost/change in quantity(Q(kg)) MR (change in revenue/change in quantity 0 $3,000 $4.8 1,200 $3,000 4.8 2,400 $3,000 4.8 3,600 $3,000 4.80 4,800 $3,000 4.80 6,000 $3,000 4.80 7,200 $3,000 4.80 8,400 $3,000 4.80