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Class notes

RSM455 Week 2

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Lecture notes of 51 pages for the course RSM455 at U of T (RSM455 Week 2)

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  • December 8, 2022
  • 51
  • 2021/2022
  • Class notes
  • Zachary zhong
  • 2
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yudasu
a new way to think




RSM455 Pricing
Week 2 Recorded Lectures
Prof. Zachary Zhong

,Where we are
Roadmap
1. The role of cost, cost-plus
Price 2. Value-based pricing
Demand
3. Multiple prices
4. Pricing for current and fut
profits
5. Competition
p • Demand curve move
price changes
6. How to price without kno
demand
• Auctions
MC 7. Psychological factors in pr

Quantity: Quantity
D(p)

,This Week
⚫ Three videos:
1. Basics on Value-based Pricing: EVC Method
2. Conjoint Analysis
3. Pricing Analytics

Finish the videos, write down your answers to the
“Questions for Discussions” before attend Zoom meeting

, a new way to think




Week 2 – 1 Basics on Value-based Pricing

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