Question

31. When an organization sells a service or product at two or more prices that do not show a proportion
difference in costs is known as
(A) Image pricing
(B) Price discrimination
(C) Product form pricing
(D) Customer segment pricing​

Answer 1

Answer:

B,IS THE CORRECT ANSWER

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Answer 2

Answer:

When an organization sells a service or product at two or more prices that do not show a proportion difference in costs is known as (B) Price discrimination.

Explanation:

• Premium pricing( also called image pricing or prestige pricing) is the practice of keeping the price of one of the products or service instinctively high in order to encourage favorable comprehensions among buyers, grounded solely on the price.
• Price demarcation is a selling strategy that charges guests different prices for the same product or service grounded on what the dealer thinks they can get the client to agree to. In pure price demarcation, the dealer charges each client the maximum price they will pay.
• Product- form Pricing Different prices charged for different variants of the same product.E.g., The price of the same type of a auto may vary because of different color and add- on features.
• Client member pricing refers to vend a product or service at two or further prices, where the difference in prices isn't grounded on differences in costs. In the case of this pricing, companies will frequently acclimate their introductory prices to allow for differences in guests, products, and locales.

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