Multiple Choice
A 16-ounce bottle of Prairie Herb vinegar sells for $4.95,and a 16-ounce bottle of Heinz vinegar costs $1.05.Prairie Herb vinegar is new to the market,perceived to be of higher quality,and provides a unique flavour to foods even though it is used in the same way as Heinz vinegar.Prairie Herb vinegar is most likely using which type of policy?
A) price skimming
B) bundling cost pricing
C) penetration pricing
D) status quo pricing
Correct Answer:

Verified
Correct Answer:
Verified
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