A company sets not just a single price,but rather a ________ that covers different items in its line that change over time as products move through their life cycles.
A)pricing by-product
B)pricing structure
C)pricing loop
D)pricing cycle
E)pricing bundle

Question

Quizplus · Accepted Answer

A pricing structure allows a company to set different prices for different products in its line that change over time as products move through their life cycles. This approach is more flexible than a single pricing strategy and takes into account varying costs, demand, and competition. A pricing by-product, pricing loop, pricing cycle, and pricing bundle are not commonly used pricing terms.

A Company Sets Not Just a Single Price,but Rather a ________