Price lining refers the amount of the price that is 'padding',so the retailer can give the customer a discount.

Name: Price lining refers the amount of the price that is 'padding',so the retailer can give the customer a discount.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Price lining refers to the practice of offering a range of products at different price points, typically with higher-priced options having more features or higher quality. It does not involve adding padding to the price to allow for discounts.

Price Lining Refers the Amount of the Price That Is