Pablo Escobar (R) in Congress In 1982 Escobar was for a brief period elected to the house of representatives of Colombiaâs Congress.
Grid Pricing versus. Formula Pricing. aGrid pricing involves using a premium-discount grid. with some method of establishing the base price. aFormula pricing typically refers to the method of. finding the base price in a premium-discount grid. aFormula pricing uses another price as a reference. price.
Setting the price of a product or service based on what the competition is charging. Competitive pricing is used more often by businesses selling similar products, since services can vary from business to business while the attributes of a product remain similar.