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Author Question: Which of the following would be used in setting the price of a new product if considerable ... (Read 109 times)

lak

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on: Jun 29, 2018
Which of the following would be used in setting the price of a new product if considerable competition is expected?
 A) Psychological pricing
  B) Penetration pricing
  C) Odd-even pricing
  D) Price skimming
  E) Prestige pricing

Question 2

If Nabisco wants to quickly gain a large market share with its new line of reduced-fat snack crackers, it should use
 A) penetration pricing.
  B) random discounting.
  C) captive pricing.
  D) price skimming.
  E) everyday low prices.


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alvinum

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


lak

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  • Posts: 546
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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