A New High-End Steak House Sets Its Prices Very High

question 7

Multiple Choice

A new high-end steak house sets its prices very high to appeal to high-income clients that desire top quality cuisine and prestige service.What pricing strategy is this restaurant using?

• A) skimming
• B) penetration
• C) variable
• D) prestige

---

Definitions:

Genotypes

The genetic makeup of an organism, representing the combination of alleles inherited from both parents.

Rh Factor

An antigen found on the surface of red blood cells; presence or absence is significant for blood transfusion compatibility.

Mendelian Pattern

A set of principles related to inheritance that describes how traits are passed from parents to offspring through genes.

Landsteiner

Karl Landsteiner was an Austrian biologist and physician, best known for discovering the ABO blood group system in 1901.