Companies using price lining offer all items in certain categories at a limited number of prices.

Name: Companies using price lining offer all items in certain categories at a limited number of prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price lining is a pricing strategy in which companies offer all items in a certain category at a limited number of prices. This can simplify the buying decision for customers and makes pricing more transparent for both sides.

Companies Using Price Lining Offer All Items in Certain Categories