EDLP pricing is a type of going-rate pricing in which the retailer sets low prices everyday on selected items.

Name: EDLP pricing is a type of going-rate pricing in which the retailer sets low prices everyday on selected items.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

EDLP (Everyday Low Pricing) is a pricing strategy where retailers aim to maintain a consistent low price for all items, not just selected items, without running frequent promotions or sales.

EDLP Pricing Is a Type of Going-Rate Pricing in Which