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[MKT829] _____ involves attracting customers by advertising low-priced models.
Bait pricing

[MKT829] Many pricing _____ consider the product line, rather than individual product items to be the appropriate unit of analysis.
Strategists

[MKT829] If marketers can determine the price elasticity of _______, setting a price is much easier.
Demand

[MKT829] Prices set at an artificially high level to convey quality image are called _________pricing.
Prestige

[MKT829] A marketer can use price differentials if they do not hinder  _______.
Competition

[MKT829] ______ is used as a means to segment the market on the basis of discretionary income or degree of need for the product.
Price

[MKT829] ___ are usually needed to move the product efficiently from the manufacturer to the foreign users.
Intermediaries

[MKT829] Psychological pricing attempts to influence customers_______ of price to make a product’s price more attractive.
Perception

[MKT829] Marketing managers are most likely to embrace a _______ strategy when production capacity limits output or when competitors face some barrier to market entry.
Skimming

[MKT829] A ______ price is a low introductory price.
Penetration