While ________ Often Changes Price Based Upon Color or Style

question 97

Multiple Choice

While ________ often changes price based upon color or style, ________ often changes prices based on time, day, week, or season.

• A) prestige pricing; skimming pricing
• B) yield management pricing; bundle pricing
• C) price lining; yield management pricing
• D) target pricing; target return on investment pricing
• E) bundle pricing; standard markup pricing

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Definitions:

Depreciation Adjustment

An accounting method that allocates the cost of a tangible asset over its useful life.

Remaining Life

The estimated duration for which an asset is expected to be economically useful or operational.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor's share of the investee’s profits or losses.

Retained Earnings

The portion of a company's profit that is held or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay down debt.