Which of the Following Pricing Policies Began to Be Widely

question 128

Multiple Choice

Which of the following pricing policies began to be widely used during the late 1960s to make price comparisons more convenient between products packaged in different sizes?

• A)Odd pricing
• B)Promotional pricing
• C)Unit pricing
• D)Product-line pricing

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Definitions:

Benefits-Received Principle

A theory of fairness holding that taxpayers should contribute to government (in the form of taxes) in proportion to the benefits they receive from public expenditures.

Public Goods

Items whose consumption is not depleted by an additional consumer and from which individuals cannot be excluded from using.

Tax Revenue

Revenue earned by governments through the application of taxes.

After-Tax Distribution

The amount of income distributed to shareholders after taxes have been accounted for.