Multiple Choice
Consumers buy water and soda from vending machines.Traditionally,the price of each of these products is about $1.25.If a marketer charges a significantly higher price for such products dispensed by vending machines,sales are likely to decline.In order to avoid declines in sales,marketers tend to be very consistent in the prices they charge for vending machine products.This is an example of marketers employing a __________ strategy.
A) below-market pricing
B) skimming pricing
C) penetration pricing
D) loss-leader pricing
E) customary pricing
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Adding a fixed percentage to the cost
Q172: Trade discounts are offered to resellers in
Q209: Rather than billing clients by the hour,
Q217: Noncumulative quantity discounts refer to<br>A) discounts that
Q218: Which of the following statements regarding a
Q219: Experience curve pricing refers to<br>A) the method
Q220: Odd-even pricing is most closely related to<br>A)
Q225: most commonly used pricing method for business
Q226: Yield management pricing refers to<br>A) controlling the
Q329: Which of the following statements about penetration