Which of the Following Is True of Optional-Product Pricing

question 105

Multiple Choice

Which of the following is true of optional-product pricing?

• A) It involves capitalizing on low value by-products.
• B) It involves pricing products that can be added to the base product.
• C) It is used to price a company's main product.
• D) It involves setting geographically specific prices.
• E) It is used to price products that must be used with the company's main product.

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Definitions:

Economic Freedom

The condition in which individuals and businesses have autonomy in economic activities, including trade, investment, and labor decisions, with minimal government intervention.

Segregated Schools

Educational institutions that were divided based on racial or ethnic lines, a practice particularly prevalent in the United States before the Civil Rights Movement.

Civil Rights Movement

A pivotal social justice movement in the United States during the 1950s and 1960s aimed at ending racial discrimination and segregation.

Sagebrush Rebellion

A political movement in the Western United States advocating for greater local control over federal lands, primarily during the late 20th century.