Razer-Edge makes machines for sharpening the blades used by butchers to slice meat. When Razer-Edge priced its Primary Sharpener, its salespeople were told that it would be sold for $1,700, but that there would be room for discounts and flexibility. What type of price is the $1,700 price for the Primary Sharpener?
A)base
B)zone
C)demand
D)functional

Question

Quizplus · Accepted Answer

The $1,700 price is a base price since it is the starting point for pricing the Primary Sharpener and there is flexibility for discounts.

Razer-Edge Makes Machines for Sharpening the Blades Used by Butchers