The majority of U.S. firms use a one-price policy
A) to broadcast a single price to competitors.
B) for administrative convenience.
C) to increase pricing flexibility.
D) to undercut competition.
E) to ward off competition from imports.

Question

Quizplus · Accepted Answer

The use of a one-price policy is primarily for administrative convenience. It simplifies the pricing process and reduces the need for negotiating prices with individual customers.

The Majority of U