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Which pricing method is demonstrated by the following statement? Alternative Pioneering Systems concluded that consumers would be willing to pay approximately $100 for a food
Which pricing method is demonstrated by the following statement? "Alternative Pioneering Systems concluded that consumers would be willing to pay approximately $100 for a food dehydrator. Based on this price, the firm determined margins that would have to be allowed for wholesalers and retailers." a. Prestige pricing b. Price lining c. Skimming pricing d. Target pricing e. Above-, at-, or below market pricing
The answer for this problem is Option d. Please explain to me why other options are incorrect.
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