A Local Restaurant Sells Lunch Entrees for $7

question 15

Multiple Choice

A local restaurant sells lunch entrees for $7.95, $9.95, and $09.95.From this information, you can infer the restaurant uses which of the following?

• A)price discrimination
• B)odd pricing and price lining
• C)dynamic pricing and price lining
• D)reference pricing and value pricing
• E)dynamic pricing and loss leader pricing

---

Definitions:

Sales Staff

Individuals employed by a company to execute the selling of products or services to customers, often requiring expertise in product knowledge and customer service.

Online Channel

A digital pathway through which goods or services are marketed, sold, and distributed to consumers via the internet.

Supply Chain Networks

Complex systems of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Order Visibility

The ability to track and view the status of orders at each stage of the supply chain, enhancing transparency and management capabilities.