Eustis Lee is a lawyer who handles only drunk-driving cases. No matter how quickly he resolves the case, he charges each customer $5,000. Lee justifies the fee because of his lengthy education and the years he has spent learning how the judicial system operates. Which pricing policy is the lawyer using?

a. price maintenance
b. potential (or base) pricing
c. flexible (or variable) pricing
d. professional services pricing

Ans: d. professional services pricing

Business

You might also like to view...

The standardization of retail operations is often associated with the use of _____

a. participatory management b. decentralized decision making c. unionization by employees d. prototype stores

Business

________ was originally created by ________

a) JScript, Netscape b) JScript, ECMA c) JavaScript, Microsoft d) JavaScript, Netscape

Business