All of the Following Are Demand-Oriented Approaches to Selecting an Approximate

question 338

Multiple Choice

All of the following are demand-oriented approaches to selecting an approximate price level except which?

• A) odd-even
• B) yield management
• C) bundle
• D) loss leader
• E) prestige

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Definitions:

Subsidize

To support financially, often through grants or contributions, to reduce the cost of a service, product, or activity for the end-user.

Growing Poverty

A situation where an increasing portion of the population lives below the poverty line, facing difficulties in meeting basic needs like food, shelter, and healthcare.

Increases in Divorce

A phenomenon observed in many societies where the number of legal dissolutions of marriages rises over a period of time.

Wage Discrimination

The practice of paying different wages to employees who perform similar work, often based on gender, race, age, or other discriminatory factors.