A business using price lining is doing which of the following?
A)trying to avoid the use of psychological pricing,which may be negatively received by customers
B)trying to recoup its research and development costs for a new product
C)attempting to attain a large market share before any competitors can enter the marketplace
D)selling items in a product line at different prices
E)engaging in potentially unethical pricing

Question

Quizplus · Accepted Answer

A business using price lining is selling items in a product line at different prices. This strategy allows customers to choose between different levels of quality or features, with each option being priced accordingly. It can also help the business capture sales from customers with different budgets or preferences.

A Business Using Price Lining Is Doing Which of the Following