Question:
The pricing strategy that seeks to exploits economics of scale by pricing the product below the competitor's in one market and adopting a penetration strategy in another is called:
The pricing strategy that seeks to exploits economics of scale by pricing the product below the competitor's in one market and adopting a penetration strategy in another is called:
Updated On: Mar 15, 2024
- penetration pricing strategy
- Differential pricing strategy
- Product line pricing strategy
- Geographic pricing strategy
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The Correct Option is B
Solution and Explanation
The correct answer is (B) : Differential pricing strategy.
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