____ occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in order to avoid giving the low-price seller a distinct advantage.

____ occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in order to avoid giving the low-price seller a distinct advantage.



A. Cost-plus pricing

B. Price signaling

C. Value pricing

D. Price lining

E. Price standardization


Answer: B. Price signaling


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