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

---

Definitions:

Review Sections

Portions of a document or presentation dedicated to the examination and analysis of specific topics or sections.

Casual Language

An informal style of speech or writing, not bound by strict rules of grammar and usage.

Humor

The quality of being amusing or comic, especially as expressed through literature or speech, often used to entertain or convey messages subtly.

Recommendations

Suggestions or advice given based on analysis or expertise, intended to guide decisions or actions.