A one price policy:
A) means offering the same price on all its products irrespective of the manufacturing, designing, and marketing costs.
B) means offering the same price to all customers who purchase products under the same conditions and in the same quantities.
C) means offering the same price to customers, but the price depends on the store which is selling the product.
D) means offering the same price to distributors, retailers, and customers.
E) means equating price with the per-unit cost of production.

Question

Quizplus · Accepted Answer

One price policy means offering the same price to all customers who purchase products under the same conditions and in the same quantities. This policy ensures fairness and transparency to all customers and avoids any discrimination between them.

A One Price Policy