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ibps-so 2025 · Question 223 of 271

Consider the following statements regarding pricing: 1. Penetration pricing aims to attract a large number of buyers quickly by setting a low initial price. 2. Price skimming is most suitable when demand is highly price elastic. 3. Psychological pricing influences consumer perception rather than actual economic value. 4. Cost-plus pricing ignores demand and competition considerations. Which of the following is correct?

  1. AOnly 1, 3 and 4Correct
  2. BOnly 2 and 3
  3. COnly 1 and 2
  4. DOnly 1, 2 and 4
  5. EAll 1, 2, 3 and 4

Answer: A. Only 1, 3 and 4

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Marketing Officer Mains Memory Based 2025 - Adda247 · memory-based

← Q222View full paper (271 questions)Q224 →

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