Examlex
Which of the following is both a supply-side and a fiscal policy tool during a recession?
Profit-Oriented
A business approach or strategy primarily focused on generating financial gain and maximizing profit margins.
Target Pricing
A pricing strategy where the selling price is determined based on the estimated price a consumer is willing to pay, rather than on the cost of production or the market average.
Prestige Pricing
A pricing strategy where goods are priced higher than normal to invoke perceptions of quality and exclusivity, aimed at attracting status-conscious consumers.
Cost-Plus Pricing
Summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at a price.
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