Reductions for transportation and other costs related to the physical distance between buyer and seller are known as
A) base-point pricing.
B) freight absorption pricing.
C) price zoning.
D) location pricing.
E) geographic pricing.

Question

Quizplus · Accepted Answer

Geographic pricing, also known as location pricing, is a pricing strategy that takes into account the physical location of buyers and sellers. It involves adjusting prices to reflect the transportation and other costs associated with moving goods to different geographic locations. This can include base-point pricing, freight absorption pricing, and price zoning, among other strategies. Therefore, E is the best answer.

Reductions for Transportation and Other Costs Related to the Physical