Which of the Following Represents a Pricing Strategy That Establishes

question 36

Multiple Choice

Which of the following represents a pricing strategy that establishes a low price in hopes of attracting a great number of customers and attempts to discourage competitors?

• A) discounting strategy.
• B) Odd pricing strategy.
• C) Skimming strategy.
• D) Price lining strategy.
• E) Psychological pricing strategy.

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Definitions:

Collapse

The sudden failure or caving in of a structure or geological feature due to weakening or underlining destabilization.

Neuroleptic Drugs

a class of medication primarily used to manage psychosis, particularly in schizophrenia and bipolar disorder, also known as antipsychotic drugs.

Schizophrenia

A mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.

Bipolar Disorder

A mental disorder marked by alternating periods of elation (mania) and depression.