Southern gardeners have a preconceived idea on what they will pay for pine bark mulch that they buy at their local gardening supply store to keep the weeds down in their gardens. If the price being charged is not within a narrow range that they feel is appropriate, they will make substitutions-newspaper, grass clippings, or some other kind of ground covering. When pricing pine bark mulch, a garden supply retailer should use:
A)above-, at-, or below market pricing.
B)customary pricing.
C)loss-leader pricing.
D)penetration pricing.

Question

Quizplus · Accepted Answer

Customary pricing is appropriate in this scenario because southern gardeners have a preconceived idea of what they will pay for pine bark mulch, indicating that there is a customary price they expect.

Southern Gardeners Have a Preconceived Idea on What They Will