Reductions for transportation and other costs related to the physical distance between buyer and seller are known as:
A) base-point pricing.
B) freight absorption pricing.
C) penetration pricing.
D) location pricing.
E) geographic pricing.

Question

Quizplus · Accepted Answer

Geographic pricing is a pricing strategy that takes into account the physical distance between the buyer and seller. This can involve charging different prices for the same product in different locations, or offering discounts for transportation costs.

Reductions for Transportation and Other Costs Related to the Physical