Match the Term with Its Definition

question 74

Multiple Choice

Match the term with its definition.
-An approach based on applying a percentage to a product's cost to obtain its selling price

• A)average pricing
• B)follow-the-leader pricing strategy
• C)freemium strategy
• D)markup pricing
• E)penetration pricing strategy
• F)prestige pricing
• G)price lining strategy
• H)price skimming strategy
• I)product line pricing
• J)variable pricing strategy

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Definitions:

Candidate's Platform

A formal set of principal goals which are supported by a political candidate or party, in order to appeal to the general public for the purpose of having said peoples’ support in votes.

Shocked

A sudden, intense surprise or disturbance of the mind or emotions, often caused by an unexpected event.

False Consensus

The tendency to overestimate how much others share our beliefs and behaviors.

News Media

Organizations and outlets that gather, report, and disseminate news, information, and commentary to the public.