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<p><b>Pricing ethics:</b></p>

<p>Pricing along with product, place and promotion are the four functions of marketing.  Retailers and producers must ensure that ethical pricing strategies are performed in order to earn profits without deceiving competitors or consumers .Issues in pricing ethics are related to fairness, specifically the fair treatment of buyers and sellers as well as fair competition. Ethical pricing practice happens when it allows the market to remain competitive and other players in the market are treated fairly.</p>

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