Retailers such as Costco and Walmart charge a constant, daily low price with few or no temporary price discounts. This is an example of ________ pricing.
A) competition-based
B) everyday low
C) cost-plus
D) break-even
E) penetration

Question

Quizplus · Accepted Answer

The fact that retailers such as Costco and Walmart charge a constant, low price with few or no temporary price discounts indicates that they are using an everyday low pricing strategy. This pricing strategy is designed to appeal to consumers who are seeking value and consistency, rather than temporary price promotions.

Retailers Such as Costco and Walmart Charge a Constant, Daily