Patronage-oriented pricing tries to maximize the number of customers using a service.

Name: Patronage-oriented pricing tries to maximize the number of customers using a service.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Patronage-oriented pricing aims to attract more customers by offering lower prices or discounts which increases the number of customers using the service. It is a pricing strategy used to gain market share and increase profits by stimulating demand.

Patronage-Oriented Pricing Tries to Maximize the Number of Customers Using