A checking account price schedule characterized by absence of any monthly account maintenance fee or per-transaction fee is called:
A)free pricing.
B)conditionally free pricing.
C)flat-rate pricing.
D)marginal cost pricing.
E)nonprice competition.

Question

Quizplus · Accepted Answer

The absence of any monthly account maintenance fee or per-transaction fee indicates that the pricing is free, which is characterized by a lack of explicit charges for the service.

A Checking Account Price Schedule Characterized by Absence of Any