A pricing policy in which a product has a different selling price in export markets than it has in the home market is called ________

A) dual pricing
B) cost-plus pricing
C) penetration pricing
D) premium pricing

A

Business

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Morgan entered into a long-term contract at age 17. In the state in which the contract was executed, the majority age was 18

She is now 19 and would like to disaffirm the contract on the grounds that she was a minor when she entered into the contract. Which of the following statements is true? A) Morgan can disaffirm the contract because she lacked competency at the time she entered into the contract, thus rendering the contract voidable. B) Morgan can disaffirm the contract because the contract is void. C) Morgan cannot disaffirm the contract because there was ample consideration. D) Morgan cannot disaffirm the contract because she ratified it by failing to disaffirm the contract in a timely fashion.

Business

Describe the virtual merchant business model and its unique challenges in becoming financially viable

What will be an ideal response?

Business