Which of the Following Statements Is True of Geographic Pricing

question 34

Multiple Choice

Which of the following statements is true of geographic pricing?

• A)Freight absorption pricing is a tactic that requires a buyer to absorb the freight costs from the shipping point.
• B)Uniform delivered pricing divides the United States into segments or zones and charges a flat freight rate to all customers in a given zone.
• C)Postage stamp pricing is adopted when the marketing manager wants total costs to be equal for all purchasers of identical products.
• D)With basing-point pricing, a seller designates a location as a basing point so that all buyers are not charged the freight cost from that point.

Analyze the supply and demand dynamics of land as a resource.

Recognize the principles and implications of Henry George's single tax theory.

Grasp the relationship between land productivity, rental rates, and consumption choices.

Elucidate the characteristics and economics of land as a fixed supply resource.

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Definitions:

United States

A country located in North America, comprising 50 states and known for its significant influence on global economics, politics, and culture.

Poverty Rate

The proportion of a population living below the national poverty line, indicating the level of poverty in a country.

Billion

A numerical value representing one thousand million (1,000,000,000) in the American short scale system, commonly used in counting currency and population.

Million

A numerical value representing one thousand thousands, or 1,000,000.