Asked by

Malik Hidouk
on Dec 15, 2024

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All of these are demand-oriented approaches to selecting an approximate price level except which?

A) odd-even
B) yield management
C) customary
D) bundle
E) prestige

Demand-oriented

An approach to pricing, production, and marketing that focuses on the demand levels and preferences of consumers.

Approximate Price

An estimated cost given for a product or service, offering a ballpark figure that may not account for detailed specifics or potential changes.

Bundle

A marketing strategy that involves offering several products or services together as a combined package, usually at a lower price than they would cost individually.

  • Identify how consumer behavior and market demand affect pricing strategies.
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Emily PerryDec 16, 2024
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