pricing

This article analyzes the dynamics of gold yield for the period 2010 — 2020 in the world market in general and in Ukraine in particular. The problems of economic consequences of the pandemic impact (COVID-19) on certain aspects of the financial and monetary system of Ukraine and the leading countries of the world are studied in detail. The role of gold as a financial asset in retrospect and at the present stage of development of the world economy is studied.

In terms of increasing the number of companies operating on the market, both domestic and foreign companies, right approach to respond to the different types of competitor’ price moves becomes extremely important. The purpose of this article is to present the proper approach to respond to price competition. Adequate reaction to competitor's price reduction may prevent price war, which is absolutely a negative phenomenon.

The article investigates the influence of controlled and uncontrolled factors on price formation in public procurement procedures. Advantages and drawbacks of competitive tender procedures in public procurement are analyzed. The economic and mathematical model for estimating the expected procurement price depending on the number of bidders with the interval price uncertainty on the buyer’s part is offered.