Examlex
A bat is calling at 56,000 Hz, but the echo returning is coming back at 56,005 Hz.Based on what you know about bat biosonar, which of the following statements is TRUE?
Price Lining
A pricing strategy that involves offering products at several different price points to provide options for different customer segments.
Price Lining
A pricing strategy that sets a limited number of prices for a specific category of products, thereby simplifying the choices available to consumers.
Demand-oriented
A pricing strategy where the price is set based on consumer demand, often adjusting prices in response to market conditions.
Target Pricing
A pricing strategy in which the selling price of a product is determined based on the desired profit margin and market conditions.
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