Problem
1. List and explain, as many as you remember, the common pricing practices in the market and recall if you have recently dealt with any of them.
2. Explain the pricing strategy for firms producing joint products and give examples of both the case of fixed proportions and the case of variable proportions.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.