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.
cost based pricing. setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for effort and risk; set the floor for the price that the company can charge; product driven rather than value driven.etting prices based on competitors' strategies, prices, costs, and market offerings; assumes consumers base their judgments of a product's value on the prices charged by competitors for similar products.