A Pricing Policy in Which a Product Has a Different

question 43

Multiple Choice

A pricing policy in which a product has a different selling price in export markets than it has in the home market is called ________.

• A) dual pricing
• B) cost-plus pricing
• C) penetration pricing
• D) premium pricing

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Definitions:

Secondary Succession

Secondary succession is the ecological process of change and development in an area where an ecosystem has been previously established but has then been disrupted.

Tropical Communities

Tropical communities refer to the ecosystems found in the equatorial regions characterized by high biodiversity, warm temperatures, and significant annual rainfall.

Food Chain

The series of organisms through which energy flows in an ecosystem. Each organism in the series eats or decomposes the preceding organism in the chain.

Competitive Exclusion

A principle stating that two species competing for the same limiting resources cannot coexist at constant population values.