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Prestige Pricing

Question 126

Multiple Choice
Prestige pricing:
A) equalizes supply and demand
B) uses high prices to promote a high-quality product
C) is the practice of marking up prices by 100 percent
D) is also called leader pricing
E) emphasizes the monetary nature of price

Prestige pricing:


A) equalizes supply and demand
B) uses high prices to promote a high-quality product
C) is the practice of marking up prices by 100 percent
D) is also called leader pricing
E) emphasizes the monetary nature of price

Correct Answer:

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