Everyday low pricing of consumer convenience products
A)tends to reduce fluctuations in prices customers actually pay.
B)has been used by many retailers even though no producers have adopted this approach.
C)makes it easy to quickly compete on price-without changing basic strategy-when a competitor offers a particularly large discount for a short period of time.
D)relies on frequent discounts and allowances from the producer.
E)confuses customers and increases selling costs.

Question

Quizplus · Accepted Answer

Everyday low pricing is setting a low list price rather than relying on frequent sales,discounts,or allowances.

Everyday Low Pricing of Consumer Convenience Products