The Strategy of Setting a Single Price for Two or More

question 29

Multiple Choice

The strategy of setting a single price for two or more units is known as

• A) penetration pricing.
• B) price skimming.
• C) sample pricing.
• D) multiple-unit pricing.
• E) odd pricing.

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Definitions:

Federalists

A political group that supported the ratification of the Constitution and favored a strong national government.

Dred Scott

An African American man whose legal fight for freedom led to a Supreme Court ruling that escalated tensions leading to the American Civil War.

Prohibit Slavery

Refers to laws or constitutional amendments that outlaw the practice of or trade in slavery, such as the 13th Amendment to the U.S. Constitution.

National Bank

A financial institution chartered by the government of a country, with responsibilities including implementing monetary policy and ensuring financial stability.