_____________ Is Pricing a Product at a Moderate Level and Positioning

question 247

Multiple Choice

_____________ is pricing a product at a moderate level and positioning it next to a more expensive model or brand.

• A)Reference pricing
• B)Odd-number pricing
• C)Customary pricing
• D)Price skimming
• E)Multiple-unit pricing

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Definitions:

Tandem Drive Axles

A pair of drive axles in a vehicle, typically trucks or buses, that work in conjunction to distribute the weight and increase the vehicle's traction.

Pusher Axle

A truck dead axle located in front of a drive axle that may or may not be a lift axle.

Highway Truck

A type of truck designed primarily for long-haul transportation on paved roads, optimized for fuel efficiency, comfort, and cargo capacity.

Steering Axle

The axle of a vehicle that includes the mechanism for steering, affecting the direction in which the vehicle travels.