A Business Using Price Lining Is Doing Which of the Following

question 115

Multiple Choice

A business using price lining is doing which of the following?

• A)trying to recoup its research and development costs for a new product
• B)using price points to determine its pricing strategy
• C)engaging in potentially unethical pricing
• D)trying to avoid the use of psychological pricing,which may be negatively received by customers
• E)attempting to attain a large market share before any competitors can enter the marketplace

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Definitions:

Plateau Phase

A stage in some processes where a level of activity or condition remains consistently steady before an eventual change or decline.

Cardiac Cycle

The sequence of events that occur in a complete heartbeat, including contraction and relaxation of the atria and ventricles.

Right Atrium

The right upper chamber of the heart that receives deoxygenated blood from the body and pumps it to the right ventricle.

Systole

Contraction of the heart chambers during which blood leaves the chambers; usually refers to ventricular contraction.