Prestige pricing is an example of what type of pricing policy?
A) geographic pricing
B) psychological pricing
C) flexible pricing
D) supply
E) promotional pricing

Name: Prestige pricing is an example of what type of pricing policy? A) geographic pricing B) psychological pricing C) flexible pricing D) supply E) promotional pricing
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Question

Quizplus · Accepted Answer

Prestige pricing is a type of psychological pricing where higher prices are set to give the perception of higher quality or exclusivity.

Prestige Pricing Is an Example of What Type of Pricing