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.

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Definitions:

Neolithic Majiayao Culture

An archaeological culture that existed in China during the late Neolithic period, noted for its painted pottery.

Pottery

Pottery involves the creation of objects, typically vessels, from clay and other ceramic materials, which are shaped and then fired at high temperatures to achieve hardness.

Southern Song Period

Refers to the period of the Song Dynasty in China, from 1127 to 1279, known for its advancements in art, culture, and philosophy.

Neo-Confucianism

A revival and reinterpretation of Confucian thought that emerged in China around the 9th century, integrating Buddhist and Daoist elements.