profitability. 8. Introduce an economy model. Give the market what it wants. Some cannibalization but higher total volume. Another factor leading to price increases is overdemand. When a company cannot supply all of its customers, it can use one of the following pricing techniques: ➤ With delayed quotation pricing, the company does not set a final price until the product is finished or delivered. This is prevalent in industries with long production lead times. ➤ With…