Which of the following best describes single-price selling?
A)removes price comparisons from the buyer's decision-making process
B)does not benefit the retailer
C)is most effective when used during an inflationary period
D)encourages clerical errors

Question

Quizplus · Accepted Answer

Single-price selling refers to the pricing strategy in which all products are priced at the same level, regardless of their costs or demand. This approach aims to simplify the buying process for customers by removing price comparisons from their decision-making process, thus making it easier for them to make a purchase.

Which of the Following Best Describes Single-Price Selling