The practice of setting different price levels for different quality classes of merchandise--with no prices between the classes--is called:
A) full-line pricing.
B) prestige pricing.
C) price lining.
D) odd-even pricing.
E) psychological pricing.

Question

Quizplus · Accepted Answer

The practice of setting different price levels for different quality classes of merchandise--with no prices between the classes--is called price lining.

The Practice of Setting Different Price Levels for Different Quality