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What Type of Pricing Strategy Is Used in a Situation

Question 3

Multiple Choice

What type of pricing strategy is used in a situation where the seller has an ethical responsibility not to overcharge the client and the fees do not relate directly to the time and/or effort spent in specific cases?


A) Price lining
B) Prestige pricing
C) Professional pricing
D) Customary pricing
E) Price skimming

Correct Answer:

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