Which of the Following Is True of Optional-Product Pricing

question 105

Multiple Choice

Which of the following is true of optional-product pricing?

• A) It involves capitalizing on low value by-products.
• B) It involves pricing products that can be added to the base product.
• C) It is used to price a company's main product.
• D) It involves setting geographically specific prices.
• E) It is used to price products that must be used with the company's main product.

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Definitions:

International Law

A body of rules and principles that govern the relations and dealings between nations.

Commercial Activity

Any type of business operation or venture that involves the exchange of goods or services with the intention of generating profit.

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Official orders issued by a court of law that mandate the legal obligations of the parties involved.

Public Policy

Fundamental principles or norms that guide legislative, judicial, and administrative actions for the welfare and protection of the community.