Author Question: Executives in Japan decided to price Lexus luxury cars in the United States at 55,000 while pricing ... (Read 69 times)

Lisaclaire

  • Hero Member
  • *****
  • Posts: 569
Executives in Japan decided to price Lexus luxury cars in the United States at 55,000 while pricing them at 66,000 in their own country. This is an example of
 A) secondary-market pricing.
  B) price skimming.
  C) bait pricing.
  D) prestige pricing.
  E) random discounting.

Question 2

The fact that senior citizens are charged a lower price at movie theaters than younger adults is an example of ____ pricing.
 A) price-line
  B) promotional
  C) professional
  D) differential
  E) psychological



InfiniteSteez

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

For a complete list of videos, visit our video library