Match List - I with List - II.
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List – I Features |
List – II Pricing Methods |
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(A) Goods sold at higher prices |
(I) Variable price method |
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(B) Price set at a lower price initially |
(II) Cost-plus pricing |
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(C) Price to cover the cost of producing a product + reasonable profit |
(III) Skimming or Creaming |
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(D) Permits different rates extended to different customers for same goods |
(IV) Penetration pricing |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is option (2) - (A)-(III), (B)-(IV), (C)-(II), (D)-(I)