Noticing that themed envelopes aren't selling well, Charles Payton decides to offer customers a special "letter writing" kit. He prices the kit-which comprises letter paper, matching envelopes, and pens-at $5, even though the combined prices of the individual items is $8. Which of the following pricing strategies is he using? A) optional product pricing
B) product bundle pricing
C) by-product pricing
D) dynamic pricing
E) captive product pricing
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Noticing that themed envelopes aren't selling well, Charles Payton decides to offer customers a special "letter writing" kit. He prices the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Any company claiming compliance with GAAP must comply with most standards and interpretations but does not have to follow the disclosure requirements. True or false?
Answers (1)
Two baseball leagues in the city, where mac and zach plan to open their sports academy, agreed to allow them to distribute an e-mail survey to their league players.
Answers (1)
Status Exam Recovery Journal Entries allow T-Accounts to link between which of the following? A. Cash & Raw Materials B. Cash & Notes Payable C. Raw Materials & Notes Payable D. All of the Above
Answers (1)
Stan plans to invest $100,000 in either a risk-free bond or a portfolio of 100 stocks. If he buys the bond, it will be worth $107,000 at the end of one year, for a guaranteed return of 7 percent.
Answers (1)
Consider two hypothetical countries, Aniva and Kartaly. Both countries produce iGadgets, and the price of iGadgets is lower in Aniva than in Kartaly.
Answers (1)
New Questions in Business
You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price to $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it.
Answers (2)
Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.
Answers (1)
During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?
Answers (1)
What is cosideration
Answers (1)
With the federal funds rate near zero and the economy still struggling, the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low. This policy is known as
Answers (1)