Which of the following price adjustment strategies involves reducing prices to reward customer responses such as volume purchases, paying early, or promoting the product promptly?
A) product bundle pricing
B) captive product pricing
C) product line pricing
D) dynamic pricing
E) discount and allowance pricing

Question

Quizplus · Accepted Answer

This is discount and allowance pricing strategy, where prices are reduced to reward customer responses such as volume purchases, paying early, or promoting the product promptly.

Which of the Following Price Adjustment Strategies Involves Reducing Prices