Question: 2 points Save Answer Question 55 There are several pricing methods. Champion, Inc. is a manufacturer of lunch boxes, school bags, and school stationery. Charles

2 points Save Answer Question 55 There are

2 points Save Answer Question 55 There are several pricing methods. Champion, Inc. is a manufacturer of lunch boxes, school bags, and school stationery. Charles Payton, the CEO of Champion, hopes to sell the products at a low price to penetrate the market quickly. Charles Payton decides to offer customers a special "letter writing" kit. He prices the kitwhich comprises letter paper, matching envelopes, and pens-at $5, even though the combined prices of the individual items is $8 1. Identify the pricing strategy used. 2. Define it

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