Retro Hits, a local band covering songs from the 1980s and 1990s, decided they wanted to expand to more college students.  Research showed students thought the current $25 ticket price was too high for a local band. To strengthen ticket demand, Retro Hits began offering $15 tickets to all fans who checked in on Facebook.  The band was using a

A. variable pricing strategy.
B. price lining strategy.
C. skimming pricing strategy.
D. freemium pricing strategy.


Answer: A

Business

You might also like to view...

Preparing three-part answers to potential interview questions is a process called

a. preparing. b. scripting. c. rehearsing. d. practicing.

Business

______ occurs when someone naturally becomes the leader of a leaderless group.

What will be an ideal response?

Business

Animals such as pets are considered to be tangible personal property

Indicate whether the statement is true or false

Business

_____ is the profit or loss a firm earns in the time period covered by the financial statement that reports the revenues and expenses.

A. Shared debt B. Owners' equity C. Net income D. Cash flow

Business