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Which pricing approach involves setting a low price for the main product and charging a premium for complementary items?
  • a)
    Penetration Pricing
  • b)
    Captive Product Pricing
  • c)
    Value Pricing
  • d)
    Economy Pricing
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which pricing approach involves setting a low price for the main produ...
Captive product pricing involves setting a low price for the main product to attract customers, but charging a premium for complementary products or accessories that are necessary for the main product's functionality.
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Which pricing approach involves setting a low price for the main product and charging a premium for complementary items?a)Penetration Pricingb)Captive Product Pricingc)Value Pricingd)Economy PricingCorrect answer is option 'B'. Can you explain this answer?
Question Description
Which pricing approach involves setting a low price for the main product and charging a premium for complementary items?a)Penetration Pricingb)Captive Product Pricingc)Value Pricingd)Economy PricingCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which pricing approach involves setting a low price for the main product and charging a premium for complementary items?a)Penetration Pricingb)Captive Product Pricingc)Value Pricingd)Economy PricingCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which pricing approach involves setting a low price for the main product and charging a premium for complementary items?a)Penetration Pricingb)Captive Product Pricingc)Value Pricingd)Economy PricingCorrect answer is option 'B'. Can you explain this answer?.
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