Which of the following statements about a flexible-price policy is most accurate?
A)A flexible-price policy is especially suited to low cost items where profit margins are usually large.
B)A flexible-price policy should be avoided with large ticket items such as cars or real estate.
C)When using a flexible-price policy, the seller may risk violating the Robinson-Patman Act.
D)Flexible pricing may result in race and gender discrimination.
E)Sellers have little discretion when setting prices; the flexibility is primarily the function of the manufacturer.

Question

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The Answer of Which of the following statements about a flexible-price policy is most accurate?
A)A flexible-price policy is especially suited to low cost items where profit margins are usually large.
B)A flexible-price policy should be avoided with large ticket items such as cars or real estate.
C)When using a flexible-price policy, the seller may risk violating the Robinson-Patman Act.
D)Flexible pricing may result in race and gender discrimination.
E)Sellers have little discretion when setting prices; the flexibility is primarily the function of the manufacturer.

Which of the Following Statements About a Flexible-Price Policy Is