Explain.  The Cineteca Nacional offers different box office prices; the price to the general public, prices to students, teachers and retirees. When establishing your price strategy, what is the approach that refers to price reductions that only affect those who meet certain conditions? A) Psychological pricing. B) Promotional pricing. C) Pricing by customer segments. D) Geographic pricing.

Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter13: Pricing Concepts
Section13.7: Applying Breakeven Analysis
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Explain. 

The Cineteca Nacional offers different box office prices; the price to the general public, prices to students, teachers and retirees. When establishing your price strategy, what is the approach that refers to price reductions that only affect those who meet certain conditions?

A) Psychological pricing.

B) Promotional pricing.

C) Pricing by customer segments.

D) Geographic pricing.

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