When customers are given the opportunity to purchase a package deal at a reduced price compared to what the individual components of the package would cost separately, the firm is using a _____ strategy.

When customers are given the opportunity to purchase a package deal at a reduced price compared to what the individual components of the package would cost separately, the firm is using a _____ strategy.



A. product line pricing


B. captive pricing


C. price bundling


D. reference pricing


E. prestige pricing



Answer: C


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