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

Author Question: What type of pricing strategy is used in a situation where the seller has an ethical responsibility ... (Read 48 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
L-type calcium channel: (a) Calcium channel opens when an action potential passes across the ... L-type calcium channel: (a) Calcium channel opens when an action potential passes across the ...
Summary of Ethical Principles for Massage Therapists Cont. Summary of Ethical Principles for Massage Therapists Cont.
Calculation of the probabilities in a mating involving the ABO blood type Calculation of the probabilities in a mating involving the ABO blood type
The components of the wild-type lac operon The components of the wild-type lac operon
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Introduction to Cystic Fibrosis

For a complete list of videos, visit our video library