Which Type of Pricing Aims to Increase Traffic in Retail

question 132

Multiple Choice

Which type of pricing aims to increase traffic in retail stores by using special sales on a limited number of products and higher everyday prices on others?

• A) high/low pricing
• B) loss leader pricing
• C) penetration pricing
• D) everyday low pricing

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Definitions:

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, irritability, and vulnerability to stress.

Decrease

A reduction in size, quantity, or intensity of something.

College

An institution of higher education offering undergraduate programs, typically leading to associate or bachelor's degrees.

Mean-level Changes

Adjustments or shifts in the average value of a variable or trait over time or across groups.