Makson's, a manufacturer of fertilizers and pesticides used for agricultural purposes, modifies the prices of its products exported to foreign markets to include the marketing costs in foreign markets but maintains the same price in all its domestic markets. Its products are more expensive in international markets compared to its domestic market where it is sold at a lower price. This pricing strategy used by Makson's to differently price its products is known as:

Makson's, a manufacturer of fertilizers and pesticides used for agricultural purposes, modifies the prices of its products exported to foreign markets to include the marketing costs in foreign markets but maintains the same price in all its domestic markets. Its products are more expensive in international markets compared to its domestic market where it is sold at a lower price. This pricing strategy used by Makson's to differently price its products is known as:

Makson's, a manufacturer of fertilizers and pesticides used for agricultural purposes, modifies the prices of its products exported to foreign markets to include the marketing costs in foreign markets but maintains the same price in all its domestic markets. Its products are more expensive in international markets compared to its domestic market where it is sold at a lower price. This pricing strategy used by Makson's to differently price its products is known as:



a. market-differentiated pricing.
b. competitive pricing.
c. dual pricing.
d. standard worldwide pricing.


Answer: C


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