Noticing that themed envelopes aren't selling well, Charles Payton decides to offer customers a special "letter writing" kit. He prices the kit—which comprises letter paper, matching envelopes, and pens—at $5, even though the combined prices of the individual items is $8. Which of the following pricing strategies is he using?
A) optional product pricing
B) product bundle pricing
C) by-product pricing
D) dynamic pricing
E) captive product pricing
B
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Which of the following can be classified as a mutual-benefit organization?
A. Trade association B. Hospital C. Financial company D. Retail company E. College
When performing vertical analysis of an income statement, the base amount is ________.
A) total expenses B) net sales revenue C) sales revenue D) gross profit
An increasing number of technology companies are relocating their operations in Russia to
A. obtain raw materials. B. gain access to skilled labor. C. create job opportunities for domestic employees. D. take advantage of government incentives.
Section 402A of the Restatement applies only if the defective product is unreasonably dangerous
Indicate whether the statement is true or false