Discounting products as they approach being no longer fit for a sale is associated with which product consideration in pricing?
A) Distinctiveness
B) Perishability
C) Elasticity
D) Stage in product life cycle

Question

Quizplus · Accepted Answer

Perishability: Some products, such as fresh meat, bakery goods, and some raw materials are physically perishable and must be priced to sell before they spoil. Typically, this involves discounting the products as they approach being no longer fit for sale.

Discounting Products as They Approach Being No Longer Fit for a Sale