_____ is used extensively by retailers of all types of apparel and involves the selection of a limited number of prices at which a store will sell its merchandise.
A) Price lining
B) Limited unit pricing
C) List pricing
D) Off-pricing
E) Extended unit pricing

Question

Quizplus · Accepted Answer

Price lining is a pricing strategy used by retailers where they set a few predetermined price points and group merchandise at these points to simplify the buying decision for consumers. This approach is common in apparel retailing.

_____ Is Used Extensively by Retailers of All Types of Apparel