Two Forms of Demand-Based Pricing Are ________

question 141

Multiple Choice

Two forms of demand-based pricing are ________.

• A) price bundling and captive pricing
• B) price skimming and penetration pricing
• C) fixed pricing and variable pricing
• D) target costing and yield management pricing
• E) price leadership and everyday low pricing

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Definitions:

Marginal Benefit

The enhancement in satisfaction or utility that comes from acquiring or making an additional unit of a product or service.

Pollution Control

The implementation of measures to reduce or eliminate the emission of pollutants into the environment.

Pollution Abatement

Measures and efforts taken to reduce, control, or eliminate pollution from a particular source.

Negative Externalities

Costs that are suffered by a third party as a result of an economic transaction that they were not directly involved in.