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If a Service Firm Sets a Specific Price for Each

question 177

Multiple Choice

If a service firm sets a specific price for each possible job-rather than setting a standard price for all potential customers-it is most likely using:


Definitions:

Theory

A statement that tries to explain how certain facts or variables are related in order to predict future events.

Racialization

The process of attributing complex characteristics (e.g., intelligence) to racial categories.

Stereotype

A stable and sweeping generalization about a category of people.

Implement

To put into action or execute a plan, tool, or strategy.

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