A One-Price Policy Refers to

question 165

Multiple Choice

A one-price policy refers to

• A)setting different prices for products and services depending on individual buyers and purchase situations.
• B)setting the price of an entire line of products at a single specific pricing point.
• C)setting prices for all items in a product line simultaneously,to cover the total cost and produce a profit for the complete line,not necessarily for each item.
• D)adding a fixed percentage to the cost of all items in a specific product class.
• E)setting one price for all buyers of a product or service.

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Definitions:

Restrictive

Pertains to a limiting or controlling condition or rule.

Nonrestrictive

Descriptive text that provides additional information but is not essential to the meaning of the sentence.

Carbonic Acid

A weak, unstable acid (H2CO3) formed in solution when carbon dioxide dissolves in water and participates in the carbonate buffer system in blood.

Asserted Proposition

A statement or claim declared to be true within the context of a logical argument or discourse.