Give Two Examples of Products for Which Marketers May Use

question 150

Essay

Give two examples of products for which marketers may use optional- product pricing.

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Definitions:

$300 Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money, in this case, $300, to the bearer or to a specific individual or party.

Rebuilt Engine

An engine that has been disassembled, cleaned, inspected, repaired as needed, and reassembled with new or refurbished parts to extend its life.

Stopped Payment

is an instruction given to a bank by an account holder not to pay a check or transaction previously issued or arranged, usually due to disputes, errors, or lost checks.

$1,200 Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or to a specified person.