Author Question: What type of pricing strategy is used in a situation where the seller has an ethical responsibility ... (Read 42 times)

vicky · **on:** Jun 29, 2018

What type of pricing strategy is used in a situation where the seller has an ethical responsibility not to overcharge the client and the fees do not relate directly to the time and/or effort spent in specific cases?
A) Price lining
B) Prestige pricing
C) Professional pricing
D) Customary pricing
E) Price skimming

Question 2

Services that are performed by lawyers, dentists, or doctors are typically priced using ____; sometimes these prices are not based on the amount of time that is spent in each situation, but are based on a flat fee regardless of the difficulty involved.
A) traditional pricing
B) professional pricing
C) everyday low prices
D) price lining
E) customary pricing