ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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At Monroe State University, enrolled students can live on-campus in a dorm or off-campus in a house. The university is located in a very small mountain town and there is not a variety of other housing options other than the rental homes in town. The rental property owners had a meeting and decided to charge the same amount of money for rent that the university charges for room and board. What type of pricing strategy are the rental owners using?
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price fixing
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predatory pricing
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price discrimination
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bait-and-switch tactics
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Explanation:
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