Which of the Following Represents a Pricing Strategy That Establishes

question 112

Multiple Choice

Which of the following represents a pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors?

• A) penetration strategy
• B) odd-even pricing strategy
• C) skimming strategy
• D) price lining strategy

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Definitions:

Mind-Body

Refers to the interconnection and interaction between the mind and the body and how mental, emotional, and spiritual factors can affect physical health.

Shaman

A person regarded as having access to, and influence in, the world of good and evil spirits, typically among certain tribal societies, often performing healings.

Curanderismo

A traditional Latin American form of folk healing that includes various techniques such as herbal remedies, spiritualism, and massage to treat physical or spiritual illnesses.

Vitalist

Someone who believes in the principle that the functions of a living organism are due to a vital principle distinct from biochemical reactions.