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Everyday Low Pricing Is a Strategy Devoted to Continuous Low

Question 220

Multiple Choice

Everyday low pricing is a strategy devoted to continuous low prices as opposed to:


A) seasonal changes in prices based on current demand.
B) purely cost-based prices that vary as the manufacturer's costs vary.
C) relying on short-term price-cutting tactics such as cents-off coupons, rebates, and special sales.
D) prices that are set on a weekly or monthly basis in reaction to competitors' actions.

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