Question: ABC Corporation does site work for large - scale industrial buildings. For a large multiyear project, ABC needs a certain type of excavator that would
ABC Corporation does site work for largescale industrial buildings. For a large multiyear project, ABC needs a certain type of excavator that would cost a fortune to own, maintain, and store over the winter months. Instead, ABC enters into a contract with Jacobs Machinery to use one of their machines for the duration of the project. Jacobs Machinery continues to own the excavator and charges ABC a monthly fee. Which pricing policy is ABC using in this scenario?
Multiple Choice
a skimming pricing policy
a lease
value pricing
an installment
seasonal discount
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