______ means charging a price identical to or very close to the competition's price.
a. Penetration pricing
b. Price anchoring
c. Status quo pricing
d. Price skimming
Answer: c. Status quo pricing
______ means charging a price identical to or very close to the competition's price.
a. Penetration pricing
b. Price anchoring
c. Status quo pricing
d. Price skimming
Answer: c. Status quo pricing