Variable Pricing Strategy Occurs Where a Business Sets and Advertises

question 21

True/False

Variable pricing strategy occurs where a business sets and advertises a fixed price but gives a discount for reasons such as the customer's amount purchased.

---

Definitions:

Risk

In finance, risk is the potential for financial loss or the variability in the returns of an investment.

Principal

The original amount of money loaned or invested, before any interest or profit is added.

Agent

An individual or entity authorized to act on behalf of another, often in a business transaction, representing their interests.