The use of price points for reference to different levels of quality for a company’s related products is typical of which product mix pricing strategy?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

203EconomicsMedium

ACaptive-product pricing

BOptional-product pricing

CBy-product pricing

DProduct line pricing

Correct answer

D. Product line pricing

Explanation

The correct answer is Product line pricing.

The use of price points for reference to different levels of quality for a company’s related products is typical of which product mix pricing strategy? - Answer and Explanation | Academy of Pakistan