A Business Using Price Lining Is Doing Which of the Following

question 120

Multiple Choice

A business using price lining is doing which of the following?

• A) trying to avoid the use of psychological pricing, which may be negatively received by customers
• B) trying to recover its research and development costs for a new product
• C) attempting to achieve a large market share before any competitors can enter the marketplace
• D) selling items in a product line at different prices
• E) engaging in potentially unethical pricing

---

Definitions:

Liters

A unit of volume in the International System of Units (SI), used to measure liquid capacity, equal to 1,000 cubic centimeters.

Pints

A unit of volume or capacity typically used for measuring liquids, equivalent to 1/8 of a gallon or approximately 473 milliliters in the United States.

Milliliters

A unit of volume in the metric system, equal to one thousandth of a liter.

Fluid

Fluid is a substance that can flow and take the shape of its container, encompassing liquids, gases, and plasmas.