Author Question: The pricing strategy that assumes that demand is relatively inelastic over certain price ranges is ... (Read 57 times)

chads108 · **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.