A company sets not a single price, but rather a ________ that covers different items in its line that change over time as products move through their life cycles.
A)pricing by-product
B)pricing structure
C)pricing loop
D)pricing cycle
E)pricing bundle

Question

Quizplus · Accepted Answer

A pricing structure is a system that sets prices for multiple items in a company's product line. This structure may involve different prices for different items or product bundles and may change over time as products move through their life cycles. Therefore, the pricing structure is the best choice to fill in the blank. The other options, such as pricing by-product or pricing cycle, do not fully capture the idea of a system that covers different items and changes over time.

A Company Sets Not a Single Price, but Rather a ________