A new Apple iPad 5 is priced at $599.99 regardless of whether it is purchased in California or New York, or purchased at an Apple Store, online, or at Best Buy. This pricing policy is called:
A)flexible-price
B)customary pricing
C)standard markup
D)one-price

Question

Quizplus · Accepted Answer

The pricing policy described is known as one-price, meaning that the product is sold at a consistent price, regardless of location or retailer.

A New Apple IPad 5 Is Priced at $599