Examlex
Which of the following is true?
Customary Pricing
Pricing strategy that is based on what is traditionally expected or accepted within a specific industry or by consumers.
Dynamic Pricing Policy
A pricing strategy where prices are variable and can change in response to market demand or other external factors.
Loss-leader Pricing
A marketing strategy where a product is sold at a loss to attract customers in the hope they will make additional purchases.
Customary Price
The expected or typical price range for a product or service within a particular market or industry, based on tradition or standard practice.
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