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what type of pricing strategy is used in a situation where the seller has an ethical responsibility not to overcharge the client and the fees do not relate directly to the time and/or effort spent in specific cases? a. prestige pricing b. price lining c. psychological pricing d. customary pricing e. professional pricing

Respuesta :

e. professional pricing is a type of pricing strategy is used in a situation where the seller has an ethical responsibility not to overcharge the client and the fees do not relate directly to the time and/or effort spent in specific cases.

What is pricing strategy?

The techniques and procedures used by businesses to choose the prices they will charge for their goods and services are known as pricing strategies. Pricing strategy is the method you use to determine the price you will charge for your goods.

Depending on the sector and kind of business, value-based, competition-based, cost-plus, and dynamic pricing are all regularly employed approaches.

Pricing is crucial because it establishes the value that your products hold for both you and your consumers. Customers may determine whether an item is worthwhile of their time and money by looking at the tangible pricing point.

Thus, correct option: e

To know more about pricing strategy refer to:

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