Which of the following statements about price lining is true?
A)This method assumes that demand is elastic at each price point used.
B)Primarily government contractors use this method.
C)Those who use this method prefer to have at least a dozen different price points.
D)This method assumes demand is elastic between the price points.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about price lining is true?
A)This method assumes that demand is elastic at each price point used.
B)Primarily government contractors use this method.
C)Those who use this method prefer to have at least a dozen different price points.
D)This method assumes demand is elastic between the price points.

Which of the Following Statements About Price Lining Is True