All of the Following Are Pricing Strategies Used by Companies

question 178

Multiple Choice

All of the following are pricing strategies used by companies establishing prices of multiple products within a product line except

• A) premium pricing.
• B) price lining.
• C) captive pricing.
• D) bait pricing.
• E) penetration pricing.

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Definitions:

Dealt

Distributed or administered in a specific manner.

Chances

The likelihood or probability of an event happening, often expressed as a percentage or ratio.

Red

A primary color at the longer-wavelength end of the spectrum.

Probability Calculus

A field of mathematics focused on determining the probability of different results.