Companies Involved in Deciding Which Items to Include in the Price

question 54

Multiple Choice

Companies involved in deciding which items to include in the price of the main product and which to offer as options are engaged in ________ pricing.

• A)product bundle
• B)optional-product
• C)captive-product
• D)by-product
• E)skimming

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Definitions:

Mariel Boat Lift

A mass emigration of Cubans to the United States in 1980, originating from the Mariel Harbor; it raised immigration and asylum issues between the two countries.

Cubans

Refers to the people hailing from Cuba, a country in the Caribbean, or their descendants living abroad.

Saddam Hussein

The fifth President of Iraq, serving from 1979 until 2003, known for his authoritarian rule and involvement in conflicts such as the Iran-Iraq War and the Gulf War.

Seize Iran's Oil

Refers to efforts or strategies, particularly by foreign powers, to control or influence Iran's oil reserves, which are among the world's largest, for strategic, economic, or political reasons.