Multiple Choice
The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is called
A) price lining.
B) odd-even pricing.
C) price skimming.
D) prestige pricing.
E) customary pricing.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q166: When establishing prices, a marketer's first step
Q167: The use of price skimming discourages competitors
Q168: After selecting a pricing strategy, what is
Q169: One pitfall of cost-plus pricing for the
Q170: Running a big sale in order to
Q172: During July and August, Lakewood Links Golf
Q173: Wet Seal, a retailer of swimwear, employs
Q174: Bundle pricing may be perceived to be
Q175: If a business decides to reduce its
Q176: What are some issues to consider when