A Gucci bag sells for $120 in Italy and $240 in the United States due to the differences in the costs of distributing the product in the two countries. This phenomenon is called ________

A) opportunity cost
B) market pricing
C) tactical pricing
D) price escalation
E) transfer pricing

D

Business

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Which of the following is not an intangible asset?

a. Trade name b. Research and development costs c. Franchise d. Copyrights

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Indicate whether the statement is true or false

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