The Pricing Strategy That Assumes That Demand Is Relatively Inelastic

question 171

Multiple Choice

The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is called

• A) price lining.
• B) odd-even pricing.
• C) price skimming.
• D) prestige pricing.
• E) customary pricing.

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Definitions:

Canada

A country located in the northern part of North America, known for its vast landscapes, multicultural diversity, and as the second-largest country by land area in the world.

Deaths

The termination of all biological functions that sustain a living organism.

Centers For Disease Control

A national public health institute in the United States that conducts and supports health promotion, prevention, and preparedness activities.

Mortality Data

Information related to death rates within a population, often used in public health to assess and monitor health outcomes and diseases.