This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is ... (Read 33 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 29, 2018
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies Many ideologies stem from older theories. The ideas of the philosophers are simplified. Ideologies
Unit Pricing Comparison Unit Pricing Comparison
Respiratory Rate Ranges of Various Age Groups Respiratory Rate Ranges of Various Age Groups
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Bond in biological molecules (Ionic, Covalent and Hydrogen bonds)/ How atoms bond?

For a complete list of videos, visit our video library