Geographic pricing is a technique that greatly simplifies the pricing function.

Question

Quizplus · Accepted Answer

Geographic pricing is not a technique that simplifies the pricing function. It involves setting different prices for the same product or service based on geographic location, which can make the pricing function more complex. However, it can be a useful strategy for businesses that operate in different regions with varying levels of demand and competition.

Geographic Pricing Is a Technique That Greatly Simplifies the Pricing