Penetration pricing is

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Multiple Choice

$0$:$20$:$54$

setting a high price so that quality$-$ or status$-$conscious consumers will be attracted to the product and buy it$.$

charging different prices to different buyers for goods of like grade and quality.

setting a low initial price on a new product to appeal immediately to the mass market.

setting prices a few dollars or cents above an even number to indicate quality.

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$6$ of $30$

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setting a below$-$market price for the product or product class oriented on a subjective feel for competitors' prices or market price as the benchmark.

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