Setting One Price for All Buyers of a Product or Service

question 280

Multiple Choice

Setting one price for all buyers of a product or service is referred to as

• A) customary pricing.
• B) a one-price policy.
• C) a dynamic pricing policy.
• D) standard markup pricing.
• E) uniform pricing.

---

Definitions:

Plutchik's Model

A psychoevolutionary theory of emotion proposing eight primary emotion dimensions: joy vs. sadness, anger vs. fear, trust vs. disgust, and surprise vs. anticipation.

English-Speaking People

Individuals whose primary language of communication is English, across various geographic locations.

Affiliation

A psychological and social process regarding the connection, association, or relationship between individuals or groups.

Be With Other People

The act of spending time in the company of others to engage in social activities, communication, or for the purpose of establishing relationships.