The pricing strategy that assumes that demand is relatively ...

[chads108]

The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is called
 A) price lining.
  B) odd-even pricing.
  C) price skimming.
  D) prestige pricing.
  E) customary pricing.

Question 2

When an organization sets a number of prices for selected groups of merchandise, this is commonly referred to as
 A) prestige pricing.
  B) price lining.
  C) customary pricing.
  D) odd-even pricing.
  E) ethical pricing.

[Sarahjh]

Answer to Question 1

A

Answer to Question 2

B

[chads108]

Wow, this really help

[amandanbreshears]

Thanks for the timely response, appreciate it