Which of the Following Is an Example of Competition-Based Pricing

question 12

Multiple Choice

Which of the following is an example of competition-based pricing strategy?

• A) Cost-plus pricing
• B) Going-rate pricing
• C) Fee for service
• D) Synchronized pricing
• E) Simultaneous pricing

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Definitions:

Auditory Receptors

are sensory cells located in the inner ear that convert sound waves into electrical signals, which are then interpreted by the brain as sound.

Cochlea

A snail-shaped, fluid-filled organ in the inner ear, containing the organ of Corti, where the receptors for hearing are located.

Middle Ear

The part of the ear between the eardrum and the oval window that amplifies sound waves and transmits them to the inner ear.

Sensory Adaptation

The reduction or disappearance of sensory responsiveness when stimulation is unchanging or repetitious.