Q. Explore one of the sophisticated pricing techniques covered in this topic also provides an example of Elucidate how it is utilized. Illustrate what are any constraints to may limit the ability of firms from using these techniques? (The techniques Conversed in this topic are not just utilized by monopolists. Usually, a firm to faces a downward sloping Demand curve for its product can utilize one or more of these techniques also they are commonly utilized in oligopolies).

Q. Teapot Dome was a successful government project to displayed Harding administration's policy of a laissez faire government. Elucidate