Customary Pricing Refers to

question 278

Multiple Choice

Customary pricing refers to

• A) a pricing method where the price the seller quotes includes all transportation costs.
• B) setting the same price for similar customers who buy the same product and quantities under the same conditions.
• C) deliberately selling a product below its list price to attract attention to it.
• D) setting a price that is dictated by tradition, a standardized channel of distribution, or other competitive factors.
• E) pricing based on what the market will bear.

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Definitions:

Peri-

A prefix meaning around or surrounding, often used in medical terms.

Prefix

A word, letter, or number placed before another to alter its meaning or to form a new word, such as 'un-' in 'unlikely' or 'bio-' in 'biographical'.

Bilateral

Involving two sides, or affecting both sides of the body.

Two Sides

Typically refers to situations, arguments, or objects that have or can be viewed from two distinct perspectives or aspects.