Which of the following involves adjusting prices to account for the physical location of customers?
A) location-based pricing
B) geographical pricing
C) domestic pricing
D) interior pricing
E) captive pricing

Question

Quizplus · Accepted Answer

Geographical pricing involves adjusting prices to account for the physical location of customers. This is often done to reflect differences in shipping or transportation costs, as well as local market conditions or competitive pressures. Location-based pricing is a similar concept, but may also take into account factors such as population density, demographic characteristics, or other local conditions. Domestic pricing and captive pricing do not necessarily involve geographic factors, and interior pricing is not a commonly used term in pricing strategy.

Which of the Following Involves Adjusting Prices to Account for the Physical