Penetration pricing is

Multiple Choice

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.

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

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

charging different prices to different buyers for goods of like grade and quality. Macy's offered a promotion where you could get $\backslash (\backslash$$ $10\backslash )$ off your purchase if you brought in used clothing to donate to a local charity. This could be considered a

Multiple Choice

seasonal discount.

trade$-$In allowance.

promotional allowance.

quantity discount.

cash discount.