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 slim.
B) A flexible-price policy should not be used 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 is not a form of yield management pricing.
E) Flexible pricing is rarely used for online purchases because of the high cost to develop information technology and data warehouses.
Correct Answer:
Verified
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