Answer to Question 1
Geographic pricing strategies deal with delivery costs. Transfer pricing is when one unit in an organization sells a product to another unit. A transfer price can vary depending on the types of costs included in the calculations. Discounting is a deduction from the price of an item. Producers and sellers offer a wide variety of discounts to their customers, including trade, quantity, cash, and seasonal discounts as well as allowances.
Answer to Question 2
False