When Circuit Town Electronics sets its televisions at three price levels of $699,$899,and $1,099,it is most likely using _ _.
A)skimming pricing
B)penetration pricing
C)price fixing
D)loss leader pricing
E)price lining

Question

Quizplus · Accepted Answer

Price lining involves setting a limited number of prices for selected groups or lines of merchandise, which is what Circuit Town Electronics is doing by offering televisions at three distinct price levels.

When Circuit Town Electronics Sets Its Televisions at Three Price