Question

What is netback pricing, fixed pricing and variable pricing?

Answer 1

Variable pricing is a pricing strategy for products. Traditional ... fast that there is insufficient time to either set a fixed price or engage in lengthy negotiations.

Answer 2

Answer:

• Netback is a summary of all costs associated with bringing one unit of product to the marketplace. The netback price can be used to compare one oil producer to another. A producer can examine cost-effectiveness by reviewing the netback over time

• A fixed price is a price set for a good or a service that is not subject to bargaining. The price may be fixed because the seller has set it, or because the price is regulated by the authorities under price controls

• Variable pricing is a pricing strategy for products. Traditional examples include auctions, stock markets, foreign exchange markets, bargaining, electricity, and discounts