Which of the Following Statements Is True of a Bundled

question 70

Multiple Choice

Which of the following statements is true of a bundled price?

• A) It is simpler for a firm to administer than pricing each element separately.
• B) It is preferable when consumers are willing to pay "extra" for every part of the service.
• C) It is a pricing strategy where customers pay only for the service elements they use.
• D) It is a pricing strategy that does not apply to services.

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Definitions:

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A decentralized market without a central physical location, where market participants trade stocks, commodities, currencies, and other financial instruments directly between two parties without a broker's intermediation.

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