Consumers Buy Water and Soda from Vending Machines

question 245

Multiple Choice

Consumers buy water and soda from vending machines. Usually the price of each of these products is about $1.50. If a marketer charges a significantly higher price for such products dispensed by vending machines, such as $2.50 per item, sales are likely to decline. Thus, marketers tend to be very consistent in the prices they charge for vending machine products. This is an example of marketers employing a ________ strategy.

• A) below-market pricing
• B) skimming pricing
• C) penetration pricing
• D) loss-leader pricing
• E) customary pricing

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Definitions:

Vaginal Septa

A condition where there is a presence of one or more extra partitions of tissue in the vagina, which can sometimes require surgical correction.

Intraepithelial Neoplasia

A term denoting a precancerous condition where abnormal growths are found within the epithelial cells lining an organ or tissue.

Bartholin's Duct Cyst

A fluid-filled swelling that occurs in the Bartholin's gland found near the vaginal opening due to the blockage of the gland's duct.

Excisional Biopsy

A surgical procedure in which an entire lump or suspicious area is removed for diagnosis.