As part of their regular retail pricing strategy, some retailers will emphasize consistently low prices and eliminate most markdowns, a practice referred to as
A) everyday low pricing.
B) low-margin pricing.
C) everyday fair pricing.
D) value-based pricing.
E) maintained pricing.

Question

Quizplus · Accepted Answer

Everyday low pricing is a retail pricing strategy in which a retailer emphasizes consistently low prices and eliminates most markdowns.

As Part of Their Regular Retail Pricing Strategy, Some Retailers