The Pricing Strategy That Assumes That Demand Is Relatively Inelastic

question 171

Multiple Choice

The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is called

• A) price lining.
• B) odd-even pricing.
• C) price skimming.
• D) prestige pricing.
• E) customary pricing.

---

Definitions:

HIV Infection

An infectious disease triggered by the human immunodeficiency virus that targets the immune system, potentially resulting in acquired immunodeficiency syndrome (AIDS).

Prevent Transmission

Measures taken to stop the spread of diseases from one person to another or among a population.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS (Acquired Immunodeficiency Syndrome) if not treated.

Exchange Of Body Fluids

The transfer of bodily fluids from one individual to another, a primary means through which various infections and diseases are transmitted.