Question

what is'dual price'? when is it needed? explain.​

Answer 1

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Dual pricing is a situation in which the same product or service is sold at different prices in different markets. There are a number of reasons whydual pricing may be employed, including the following: An aggressive competitor may use dual pricing to drastically lower its price in a new market.

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Answer 2

Dual pricing is a situation where the same product is sold with difference in prices in two different markets.

Explanation:

This is done where there is so much competition for a product.

A competitor may sell it for lesser price to attract customers.

It also helps in bringing down the price of that product to low in that market .