Which of the Following Statements Is True of Bundled Pricing

question 35

Multiple Choice

Which of the following statements is true of bundled pricing?

• A)​It is simpler for a firm to administer than individually pricing each element.
• B)It is preferable when consumers are willing to pay extra for every part of the service.
• C)It is a pricing strategy where customers pay only for the service elements they use.
• D)​It is a pricing strategy that does not apply for services.

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Definitions:

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The branch of psychology that studies the relationships between physical stimuli and the sensations and perceptions they produce.

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The energy propagated through space or matter as electromagnetic waves or photons, involved in phenomena such as light, radio waves, and X-rays.

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The sum of potential and kinetic energy in a physical system, which enables it to do work.

Chemical Energy

A form of potential energy stored in chemical bonds between atoms and molecules.