Beecycle Inc., located in Melbourne, Australia, has established a profitable and ongoing relationship with large network of cycle shops in the United States. The company uses one level of pricing to maintain their relationship with this network, but they also sell their product at higher prices to other types of retailers. What type of pricing approach are they using?

Question $59$Answer

a$.$

Market Maintenance Pricing

b$.$

Flexible Pricing

c$.$

Static Pricing

d$.$

Penetration Pricing