Match the Term with Its Definition

question 3

Multiple Choice

Match the term with its definition.
-A technique that sets a range of several distinct merchandise price levels

• A)average pricing
• B)follow-the-leader pricing strategy
• C)freemium strategy
• D)markup pricing
• E)penetration pricing strategy
• F)prestige pricing
• G)price lining strategy
• H)price skimming strategy
• I)product line pricing
• J)variable pricing strategy

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Definitions:

Modern City

An urban area that features advanced infrastructure, high population density, and significant technological advancements, reflecting contemporary societal and architectural trends.

Beijing

The capital city of China, known for its rich historical sites including the Forbidden City and the Great Wall, as well as being a major hub for political, cultural, and educational activities.

Geumgangsan

A mountain located in North Korea, considered sacred and famous for its beautiful scenery, historic Buddhist temples, and art.

Jeong Seon

A prominent Korean landscape painter from the Joseon Dynasty, known for his true-view landscape paintings.