Which of the Following Represents a Pricing Strategy That Establishes

question 319

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 attempts to discourage competitors?

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

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Definitions:

Gifted

Describes individuals, particularly children, who demonstrate outstanding levels of aptitude or competence in one or more domains.

Superior Talents

Exceptional skills or abilities in a specific domain, far surpassing the average proficiency.

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A measure of a person's intelligence as indicated by an intelligence test, relative to the average for persons of the same age.

Bayley Scales

A series of standardized tests used to assess the motor, language, and cognitive development of infants and toddlers.