Which of the Following Is a Benefit of Price Lining

question 74

Multiple Choice

Which of the following is a benefit of price lining?

• A) Confusion from multiple price choices is eliminated
• B) The merchandising task is simplified
• C) Price lining gives buyers greater flexibility
• D) It can be used to get customers to "trade up" to a more expensive model
• E) All of these are benefits of price lining

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Definitions:

Wearing Skirts

The act of dressing in skirts, which are garments fastened around the waist and hanging down around the legs.

Observational Learning

The process of acquiring new behaviors or information by watching and imitating others.

Operant Conditioning

A learning process whereby behaviors are influenced by the consequences that follow them, such as rewards or punishments.

Models

Representations or simulations of a system or concept, used in various fields to simplify, explain, or predict complex realities.