A 16-ounce bottle of Prairie Herb vinegar sells for $4.95,and a 16-ounce bottle of Heinz vinegar costs $1.05.Prairie Herb vinegar is new to the market,perceived to be of higher quality,and provides a unique flavor to foods even though it is used in the same way as Heinz vinegar.Prairie Herb vinegar is most likely using a _____ policy.
A) penetration pricing
B) status quo pricing
C) price-skimming
D) bundling cost pricing
E) geodemographic pricing
Correct Answer:
Verified
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