A Business Using Price Lining Is Doing Which of the Following

question 79

Multiple Choice

A business using price lining is doing which of the following?

• A)trying to avoid the use of psychological pricing,which may be negatively received by customers
• B)trying to recoup its research and development costs for a new product
• C)attempting to attain a large market share before any competitors can enter the marketplace
• D)selling items in a product line at different prices
• E)engaging in potentially unethical pricing

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Definitions:

Delirious

A state of mental confusion that can include illusions, disorientation, and irrational behavior, often due to illness or intoxication.

Side Effects

Unintended, often adverse reactions to a drug or treatment.

Daily Aspirin

The routine intake of a low-dose aspirin, often prescribed to prevent blood clots and reduce the risk of heart attack or stroke.

Metoprolol

A medication used to treat high blood pressure, chest pain, and heart failure, belongs to a class of drugs known as beta-blockers which work by slowing the heart rate.