Developing a product to sell at a predetermined price is called
A) value pricing.
B) skimming.
C) price lining.
D) prestige pricing.

Name: Developing a product to sell at a predetermined price is called A) value pricing. B) skimming. C) price lining. D) prestige pricing.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price lining involves setting a predetermined price for a product, often to simplify the decision-making process for consumers and to create a perception of value.

Developing a Product to Sell at a Predetermined Price Is