Which of the following best describes setting a limited number of prices for certain categories of products?
A)Price limiting
B)Controlled pricing
C)Restrictive pricing
D)Confined pricing
E)Price lining

Question

Quizplus · Accepted Answer

Price lining is a strategy where a business sets a limited number of prices for specific categories of products, simplifying the pricing structure for both the business and consumers.

Which of the Following Best Describes Setting a Limited Number