Which of the Following Is True of Promotional Pricing

question 16

Multiple Choice

Which of the following is true of promotional pricing?

• A) It promotes goods and services at specific price ranges based on the belief that certain prices are more appealing to consumers.
• B) It uses lower-than-normal price as a temporary component in the selling strategy.
• C) It sets a high price for products that offer unique potential ability.
• D) It uses extensive promotional allowances to get channel members to promote the product.

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed, by various means, which it is obligated to pay back.

Sacajawea

A Lemhi Shoshone woman who is known for her help to the Lewis and Clark Expedition in achieving their chartered mission objectives by exploring the Louisiana Territory.

Shoshone

A Native American tribe originally from the western United States, known for their cultural richness and history of resistance.