Question 33
PricingIf a company sells its 50kg bag of cement at ₦2,000 in Lagos and ₦2,500 in Kano, the pricing strategy adopted by the company is
- A.penetration pricing.
- B.cost-plus pricing.
- C.competitive pricing.
- D.geographic pricing.
Show the answer and explanation
Answer: D (geographic pricing.)
Explanation
Charging different prices in different places is geographic pricing.