AMA Professional Certified Marketer PCM Question # 160 Topic 7 Discussion

AMA Professional Certified Marketer PCM Question # 160 Topic 7 Discussion

PCM Exam Topic 7 Question 160 Discussion:
Question #: 160
Topic #: 7

Pluto, a footwear company, designs and creates sports shoes for children. Since most of Pluto's target market consists of children who are in school, Pluto's retailers agree to sell its shoes for a certain amount below the actual price on the products. The price that Pluto and its retailer agree to sell the sports shoes for is known as _____.


A.

the value-based price


B.

the loss leader price


C.

the everyday low price


D.

the manufacturer’s suggested retail price


E.

the reference price


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