Everyday Low Pricing Refers to

question 354

Multiple Choice

Everyday low pricing refers to

• A)the pricing strategy of large no-frills stores, usually grocery stores, to maintain the lowest prices, even to the point of accepting competitors' coupons.
• B)the pricing strategy of starting a product at standard list price and lowering the price by a certain percentage until it is sold.
• C)the pricing strategy of starting a product with customary list pricing, lowering the price daily until it meets its break-even point, then removing the product from the shelves and selling it to resellers at cost.
• D)the practice of replacing promotional allowances with lower manufacturer list prices.
• E)a form of predatory pricing used solely for the purpose of harming the competition.