Setting the Price of a Line of Products at a Number

question 180

Multiple Choice

Setting the price of a line of products at a number of different specific price points is referred to as

• A) odd-even pricing.
• B) bundle pricing.
• C) cost-plus pricing.
• D) price lining.
• E) prestige pricing.

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Definitions:

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a United States federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.

Public Accountants

Professionals who provide accounting services to the public, including audit, tax preparation, and consulting, typically holding a CPA license.