From a marketer's point of view, price lining is a way to do which of the following?
A) control supply
B) maximize profits
C) make the business more socially responsible
D) pass shipping costs on to consumers
E) eliminate price elasticity concerns

Question

Quizplus · Accepted Answer

Price lining is a pricing strategy where a business offers different products at different price points. This helps to maximize profits by targeting different segments of customers who are willing to pay different prices for similar products. By offering a range of prices, the business can ensure that it is catering to different customer needs and preferences while also generating maximum revenue.

From a Marketer's Point of View, Price Lining Is a Way