Some companies attempt to reduce or eliminate the use of frequent short-term price reductions by using:
A)odd-even pricing.
B)customary pricing.
C)everyday low prices.
D)price leaders.
E)reference pricing.

Question

Quizplus · Accepted Answer

Everyday low prices strategy aims to offer consistent low prices on products without the need for frequent short-term price reductions. This helps in building a loyal customer base that trusts the company to offer affordable prices.

Some Companies Attempt to Reduce or Eliminate the Use of Frequent